📰Twitter Crypto News⛓

Crypto Tax Tips To Start 2018 Right

Cryptocurrencies as property, interest for crypto loans and more from our expert tax lawyer.

4 views12:31

Only 0.04% of customers reported crypto to #IRS for 2017 https://t.co/hrYwHvUYlW https://t.co/mJXAATcZJl

February 15, 2018 at 03:10PM
https://twitter.com/Cointelegraph

US: Tax Filing Service Says Only 0.04% Of Customers Reported Crypto To IRS For 2017

US: Tax Filing Service Says Only 0.04% Of Customers Reported Crypto To IRS For 2017...

3 views12:18

#Coinbase informs 13K affected customers that their data will soon be turned over to #IRS https://t.co/IA25lvAt5w

February 25, 2018 at 12:31AM
https://twitter.com/Cointelegraph

Coinbase Informs 13K Affected Customers Of Imminent Data Handover To IRS

Coinbase Informs 13K Affected Customers Of Imminent Data Handover To IRS...

2 views21:31

RT @DavidGZeiler: Here's hoping tat the #IRS is taking notes... https://t.co/4WO15kcd7M via @CoinDesk #bitcoin #BitcoinNews #cryptocurrency $BTC

March 01, 2018 at 06:42PM
@coindesk

Germany Won't Tax You for Buying Coffee With Bitcoin - CoinDesk

Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.

3 views15:43

RT @DavidGZeiler: Here's hoping tat the #IRS is taking notes... https://t.co/4WO15kcd7M via @CoinDesk #bitcoin #BitcoinNews #cryptocurrency $BTC

March 01, 2018 at 06:42PM
@coindesk

Germany Won't Tax You for Buying Coffee With Bitcoin - CoinDesk

Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.

3 views15:48

Due to the “inherently pseudo-anonymous aspect” of crypto, the #IRS reminds taxpayers of penalties for failure to report #crypto on tax returns. https://t.co/1TNkGyiidS

March 24, 2018 at 05:56AM
https://twitter.com/Cointelegraph

IRS Warns Taxpayers To Include Crypto On Income Tax Returns

The IRS warns taxpayers to include crypto on their tax returns, failure to do so results in “penalties and interest.”

2 views03:00

RT @SpirosMargaris: Do You Owe the #IRS for #Crypto-to-Crypto #Trades? https://t.co/Xw2jpIuOLu #finntech #DigitalCurrency @CogentLG @coindesk #bitcoin #taxes https://t.co/U7feUVP2bd

April 03, 2018 at 03:01PM
@coindesk

Do You Owe the IRS for Crypto-to-Crypto Trades? - CoinDesk

For cryptocurrency traders, the ability to use like-kind exchange rules to avoid U.S. tax on trades is a bit of a “good news/bad news” story.

3 views12:05

RT @DavidGZeiler: I imagine the #IRS will make an example of some of the more egregious violators. https://t.co/42Yy4BHfu4 via @CoinDesk #TaxDay #taxes #Bitcoin #BitcoinNews #CryptoNews

April 16, 2018 at 08:46PM
@coindesk

Crypto Tax Dodgers Are Tempting Fate - CoinDesk

The ways governments tax cryptocurrency users may be unjust and due for reform, but simply ignoring the law for this reason is a dicey proposition.

3 views17:49

Eight U.S. representatives signed a letter to the #IRS, asking the agency to further clarify #crypto tax expectations https://t.co/SmAFU94zNk

December 20, 2019 at 10:08PM
https://twitter.com/Cointelegraph

8 Congress Reps Send Letter to IRS Urging Further Crypto Tax Clarity

Eight U.S. Congressmembers appealed to the IRS, urging the agency to provide additional clarity concerning crypto tax laws.

1 view19:21

Cointelegraph (@Cointelegraph) on X

"Categorizing game money as a virtual currency would have led to millions of people having to answer “yes” to this question. There are generally few profits to be made from owning game currencies, however." reports Cointelegraph #Fortnite #IRS #Roblox

February 14, 2020 at 07:05AM
https://twitter.com/Cointelegraph

X (formerly Twitter)

The leader in Bitcoin, Ethereum & blockchain news. TG: https://t.co/M6iNuH7EmF Mobile app: https://t.co/6IsiPgeFHp

1 view04:13

Cointelegraph (@Cointelegraph) on X

“In late 2019, the IRS released several new guidelines on cryptocurrency tax reporting, although the guidelines were met with mixed reviews. Adoption in the form of daily crypto transactions might sit on the sidelines until the #IRS addresses the situation.”

March 05, 2020 at 09:33AM
https://twitter.com/Cointelegraph

X (formerly Twitter)

The leader in Bitcoin, Ethereum & blockchain news. TG: https://t.co/M6iNuH7EmF Mobile app: https://t.co/6IsiPgeFHp

1 view08:07

The #IRS prints $1.4 Billion in checks to dead people? Cointelegraph's @the_postman_ covers recent remarks on USD backed stablecoins during a panel hosted by the Chamber of Digital Commerce. https://t.co/8DPdOkeA4E

June 25, 2020 at 11:04PM
https://twitter.com/Cointelegraph

The Future Is Stablecoins, Say Panelists for Chamber of Digital Commerce

As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins

1 view20:59

The #IRS explains that $crypto income is taxable, no matter how small, @benjaminpirus reports. https://t.co/xoV4JWDLAz

September 01, 2020 at 08:30PM
https://twitter.com/Cointelegraph

The IRS wants to tax every penny of your crypto, US government memorandum says

That will be confusing for some, and unsurprising for others.

1 view17:59

A tax expert details an important aspect of $Crypto filing, and says the #IRS needs to catch up, @benjaminpirus reports. https://t.co/MoFmSok7e9

October 30, 2020 at 12:13AM
https://twitter.com/Cointelegraph