Tax Reporting For Crypto Is About To Get A Lot Easier, Faster And Cheaper

Tax Reporting For Crypto Is About To Get A Lot Easier, Faster And Cheaper

The Internal Revenue Service announced yesterday that the 2022 filing season will open January 24, and tax returns for individual U.S. taxpayers are due on April 18. Tax season is especially cumbersome for those who buy, sell, trade or invest in digital assets such as cryptocurrency and Non-Fungible Tokens, or NFTs. Unlike your average brokerage … Read more

Things to know (and fear) about new IRS crypto tax reporting

Things to know (and fear) about new IRS crypto tax reporting

The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS) hope to scoop up enormous tax dollars. This reporting regime is projected to rake in an astounding $28 billion over the next ten years. No other provision in this massive recently enacted federal law … Read more

N.B. COVID-19 roundup: 82 new cases, province stops reporting vaccination status of hospitalized

N.B. COVID-19 roundup: 48 new cases, Horizon and Vitalité return to orange alert level

New Brunswick recorded 82 new cases of COVID-19 on Wednesday, the highest single-day jump in more than a month, and the provincial government has stopped reporting the vaccination status of new cases, people hospitalized and in intensive care with COVID-19. Instead, it provides only the vaccination rates per 100,000 among these groups on the COVID-19 dashboard. Department of Health officials did not … Read more