Investors riding the NFT craze are facing billions in taxes | Crypto News

Investors riding the NFT craze are facing billions in taxes | Crypto News

The NFT market has ballooned to $44bn, Chainalysis data shows, and rules about taxing the tokens are not clear.It’s one of the hottest corners of crypto – and now the U.S. government wants its share of the profits. Investors and creators of nonfungible tokens – a market that has ballooned to $44 billion, Chainalysis data … Read more

No Hope For Student Loan Forgiveness; Crypto Taxes

No Hope For Student Loan Forgiveness; Crypto Taxes

LOS ANGELES, CA – NOVEMBER 19: University of California Los Angeles (UCLA) students Andrea Flores … [+] (L) and Kendall Brown (R) and other UCLA students and supporters demonstrate outside the UC Board of Regents meeting where members voted to approve a 32 percent tuition hike next year on November 19, 2009 in Los Angeles, … Read more

Voyager, CoinLedger Partner on Crypto Taxes

crypto taxes

Cryptocurrency platform Voyager Digital is working with CoinLedger to help users with capital gains, losses and tax reporting. “The interoperable nature of cryptocurrencies and digital assets, with transfers into and out of platforms such as Voyager, can create tax challenges for users, especially when it comes to tracking cost basis — which is necessary for capital … Read more

Slovenia Launches Public Consultations on Crypto Taxation Law – Taxes Bitcoin News

Slovenia Launches Public Consultations on Crypto Taxation Law

Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations … Read more