Avoid these 3 common crypto mistakes when filing your taxes, says CPA: 'I see these all the time'
One common mistake is not realizing that swapping one cryptocurrency for another can still triggers taxes. "A lot of people ...
SCOTUSblog founder released in sweeping tax case after crypto questions
A prominent Supreme Court attorney and “ultrahigh-stakes” poker player charged in a sweeping tax evasion case was released ...
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the ...
IRS wants court to toss crypto exec’s appeal over bank record summons
The US Internal Revenue Service has asked an appeals court to toss a crypto founder’s plea to quash summonses the tax regulator filed against him, which he alleged was without proper notification. In ...
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IRS Urges Appeals Court to Dismiss Crypto Founder’s Challenge to Tax Summonses
The U.S. Internal Revenue Service (IRS) has urged a federal appeals court to dismiss a challenge from crypto founder Rowland ...
Indian crypto holders face 70% tax penalty on undisclosed gains
Cryptocurrency traders in India may face significant tax penalties on previously undisclosed profits under new amendments to the country’s tax laws. Cryptocurrencies will be included under Section ...