‘Biggest mistake’ is Not Using Tax Loss Harvesting: Koinly Head of Tax
According to Danny Talwar, the head of tax at crypto tax software startup Koinly, one of the most common mistakes people make on.
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IRS Commissioner reminds: Crypto Tax is ‘a top enforcement priority’
The Internal Revenue Service of the United States (IRS) continues to propose new tax regulations to regulate cryptocurrency investments in the United States..
Crypto News
E&Y introduces Tax Calculator for U.S. Crypto Traders
Ernst & Young LLP has unveiled a Tax Calculator solution to tackle a surge in tax audits that have targeted individuals trading cryptocurrency.
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IRS clarifies Crypto Investment Reporting Requirements
The U.S. tax department IRS elucidated that American investors who purchased crypto through fiat are not required to report their purchase activities.
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IRS Resolves Queries On Virtual Currency Question
On Oct 23, 2020, the IRS released instructions to the draft 2020 Form 1040 which contains the infamous virtual currency question ᠆᠆ At any time.