Taxes Versus Privacy in Crypto: Old Rules, Modern Technology

Taxes Versus Privacy in Crypto: Old Rules, Modern Technology

Crypto technology has outpaced laws as regulators scramble to find ways to integrate crypto into reporting requirements. David Kemmerer, CoinLedger co-founder and CEO, joins to provide perspective on the challenges associated with crypto taxation, while author Dan Jeffries tackles the clash between reporting requirements and the privacy principles inherent to the crypto industry. A difference … Read more

Crypto Taxes Are Complicated, But Changes Might Be Coming

Crypto Taxes Are Complicated, But Changes Might Be Coming

Crypto taxes have been, and continue to be, a major obstacle to wider adoption for investors, traders, and users of cryptocurrencies. Since in the United States the only regulatory agency to have issued – and consistently enforced – guidance as it relates to cryptocurrency is the Internal Revenue Service (IRS), that is the regulator that … Read more

Biden’s Bitcoin Regulations And The Threat Of Higher Taxes For Crypto

Biden’s Bitcoin Regulations And The Threat Of Higher Taxes For Crypto

What will President Biden say about Bitcoin and digital assets? It’s hard to find his comments on … [+] it. But next month, the market will know exactly what he thinks about it. KMR Images How real is the threat of regulatory overreach and higher taxation for Bitcoin? If powerful Western governments want to knock … Read more

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