Crypto tax rules now require reporting of transactions over $10K
New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2.According...
tax
US Citizens Must Be Aware of this New Crypto Tax Obligation
United States citizens holding cryptocurrency face a new obligation that demands awareness to avoid potential serious consequences. “The amendments made...
NFT tax loss harvesting spikes as year-end deadline approaches
As the year's end approaches, NFT traders are finally finding a use for the worthless tokens in their wallets: selling...
Got ‘Worthless’ NFTs? This Startup Buys JPEGs for a Penny to Harvest Tax Losses
For the overwhelming majority of NFTs, the brutal bear market of the last two years wasn't just a phase: Some...
News Explorer — Some 'Worthless' NFTs Still Have Value—As Tax Writeoffs – Decrypt
... NFTs. According to DappRadar Head of Research Pedro Herrera, 90-95% of NFT collections will never regain their pre-bear market...
Get Help In Advance Of Crypto Tax Season
JEFFERSONVILLE, IN - JANUARY 25 Cedric Knight, an investor in Bitcoin, sits with his his wife ... Brittany Knight, son...
Japan ends unrealized gains tax on corporate crypto assets
The Japanese government has reportedly ended the imposition of unrealized gains tax on crypto assets held by corporations, local media...
Japan Tax Crypto
The Japanese government has given its approval to revised taxation laws that provide favorable conditions for companies holding cryptocurrencies. The...
IRS Intensifies Efforts to Combat Crypto-related Tax Evasion
According to a report from the Internal Revenue Service (IRS) criminal investigations division, tax evasion has emerged as a significant...
Japan weighs ending tax on some corporate crypto holdings
TOKYO -- Companies in Japan would no longer have to pay tax on unrealized cryptocurrency gains if they hold on to...
