Browsing: Taxes

tax-law-researchers-propose-irs-framework-for-deducting-crypto-losses

A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are concerned. Researchers at Indiana University and the University of Maine recently published a study examining the current state of cryptocurrency tax law in the United States. The research concludes with recommendations for the Internal Revenue

us-government-delays-tax-reporting-rules-for-cryptocurrency-brokers

The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto Brokers Told to Comply With

is-austin-the-next-us-crypto-hub?-officials-approve-blockchain-resolutions

The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation. Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing…

coming-soon:-blockchain.com-tax-center

New to crypto taxes? So is everyone. That’s why later this month, we’re introducing a new Tax Center to help users simplify their tax reporting.In partnership with CoinTracker, users will be able to easily export the full transaction history from your Blockchain.com Wallet and Exchange accounts to calculate gains, losses, and income.Over the last decade, tens…