irs

CoinDesk - Unknown
Crypto Still Isn't Helping Russian Oligarchs Evade Sanctions
This feels like a perfect test case for crypto’s value proposition that has yet to materialize.
CoinDesk - Unknown

CoinDesk - Unknown
US Tax Agency Moves to Dismiss Lawsuit by Tezos Stakers Who Refused Refund, Demanded Trial
The Internal Revenue Service argues Joshua and Jessica Jarrett had no right to refuse the refund of almost $4,000, which was paid, and therefore the case should be dropped.
CoinDesk - Unknown

CoinDesk - Unknown
5 Essential Questions About Crypto Taxes
As crypto has grown more popular, an increasing number of investors are puzzling over their tax obligations. The co-founder of a smart tax platform addresses five questions they are likely to face.
CoinDesk - Unknown

CoinDesk - Unknown
What You Need to Know About Taxes Before You Claim Your Next Airdrop
Investors receiving airdrops should be aware of the tax implications of their newly earned tokens to avoid unwelcome surprises from the IRS.
CoinDesk - Unknown

CoinDesk - Unknown
Why We Still Need Guidance on Staking Rewards Taxation
A tax consultant and CPA analyzes the recent decision by the IRS to refund $3,200 to the Tennessee couple taxed on their Tezos staking rewards. This piece is part of CoinDesk's Tax Week.
CoinDesk - Unknown

CoinDesk - Unknown
FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto
For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion. This post is part of Tax Week.
CoinDesk - Unknown

CoinDesk - Unknown
Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws
Startups that help Americans calculate their crypto taxes have been raising hundreds of millions, hitting unicorn valuations. Even traditional tax-prep firms are rolling out crypto services. This piece is part of CoinDesk's Tax Week.
CoinDesk - Unknown

CoinDesk - Unknown
Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. This piece is part of CoinDesk's Tax Week.
CoinDesk - Unknown

CoinDesk - Unknown
Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved
A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. This piece is part of CoinDesk's Tax Week.
CoinDesk - Unknown

CoinDesk - Unknown
US Treasury Suggests Miners Won’t Be Subject to IRS Reporting Rules
A letter from a Treasury official addresses crypto industry concerns about access to customer information.
CoinDesk - Unknown