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Category: Taxation

Cryptocurrency Taxation

Posted in News Taxation

US’s Revenue Collecting Authority Warns Taxpayers of Seizing Their Undisclosed Digital Assets

 Author: Jerry Dedmon  Published Date: May 13, 2021  Leave a Comment on US’s Revenue Collecting Authority Warns Taxpayers of Seizing Their Undisclosed Digital Assets

Internal Revenue Service’s (IRS) top official warned taxpayers that their digital assets would be seized if they were found concealing their digital assets and failed…

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Posted in Altcoins Bitcoin (BTC) News Taxation

BTC Tax Evaders Apprehended by the Korean Authorities

 Author: Isacco Genovesi  Published Date: March 21, 2021  Leave a Comment on BTC Tax Evaders Apprehended by the Korean Authorities

On the other face of the story of Bitcoin adoption, it has been noticed that people are using the digital asset to evade the payment…

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Posted in News Taxation

South Korea Finalizes a 20% Tax on Income Generated From Crypto Trading

 Author: Michael Ellis  Published Date: July 22, 2020  Leave a Comment on South Korea Finalizes a 20% Tax on Income Generated From Crypto Trading

The South Korean government will now charge a tax on income made through cryptocurrency trading as the government has finalized a new tax plan today…

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Posted in News Taxation U.S

Cryptocurrency Investors in US Have Started to Receive Letters From The IRS

 Author: Michael Ellis  Published Date: July 29, 2019  Leave a Comment on Cryptocurrency Investors in US Have Started to Receive Letters From The IRS

[finance.yahoo.com] The Internal Revenue Service (IRS) has begun sending letters to over 10,000 U.S. cryptocurrency investors last week, asking them to report their crypto holdings…

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Posted in Taxation

Cryptocurrency Taxation: Essential Information You Should Know About Cryptocurrency and Taxes

 Author: Michael Ellis  Published Date: February 2, 2018  Leave a Comment on Cryptocurrency Taxation: Essential Information You Should Know About Cryptocurrency and Taxes

Are Cryptocurrencies Taxed? It seems as if 2018 is going to be a year of breakthrough concerning the taxing and IRS cryptocurrency benefits. The IRS…

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