Here at BitIRA, we love just about everything about crypt. Except taxes. Let’s face it – crypto taxes can be a real headache. As with everything relating to the IRS, getting the answers absolutely right is critical. Nobody wants to find out their series of profitable trades comes with a surprise bill… Our mission is…
As we head into the height of tax season, we’re beginning to field more and more questions from our customers and the general public about crypto taxes. After all, the IRS has been relatively slow to offer clarity on lingering questions on the topic (although there are recent signs that that may be changing),…
As we reach the peak of tax season, the IRS’ guidelines on crypto tax reporting remain as vague as ever. In an attempt to address the confusion, the agency just announced a summit to meet with thought leaders in the space. Could they finally be coming close to a clear set of rules? Here’s what you need to know.
After much debate on drafting a fair set of rules for crypto taxation, Congress has finally proposed a new bill that may prove to be a boon for the industry. See how they plan to shake up future tax seasons for crypto users.
