Tax Archives | Crypto Briefing

Top Accounting Firm EY Launches Crypto Tax Prep Service

Business Jun. 20, 2020

EY, one of the big four accounting firms, has announced the launch of its in-house cryptocurrency tax service, EY CryptoPrep. The service is a fully automated, web-based product that will...
How to Report Bitcoin Forks and Ethereum Airdrops on Your Taxes

Education Apr. 10, 2020

The advent of Bitcoin, Ethereum, and other cryptocurrencies has introduced unprecedented ways to distribute new assets, creating complex tax situations. Here’s how to account for forks and airdrops, and a...
New US Bill Could Make Small Crypto Transactions Tax-Exempt

Business Jan. 21, 2020

U.S. Congress has introduced a bill that could make it easier for consumers to spend their Bitcoin. Representatives proposed the bill on Thursday, Jan. 16. Known as the Virtual Currency...
Tax Authorities Are Making Bitcoin Unspendable

Business Nov. 28, 2019

Bitcoin’s lack of widespread acceptance by merchants and use by shoppers isn’t just because of the perceived technological barriers and a lacking ecosystem. Tax complications also plague would-be BTC spending....
Could Trudeau’s Victory in Canada Propel Crypto Adoption, New Zealand Style?

Business Oct. 23, 2019

Justin Trudeau has narrowly won the 2019 Canadian election, edging out his conservative opponent to form what is likely to be a minority government. If the legacy of Trudeau’s first...
Cryptocurrency Tax Software To Keep the IRS From Your Door

Education Sep. 19, 2019

If you’ve traded cryptocurrency, chances are that you’ve lost a fair amount of hair–not to mention sleep–trying to calculate your obligations. Some hodlers only need to report a few trades...
Avoiding Audits: Common Mistakes When Filing Crypto Taxes

Education Sep. 7, 2019

Filing crypto taxes can be quite tedious and frustrating, as the process requires data from every exchange account and wallet you have ever used for a transaction. This is exacerbated...
US Crypto Taxes Are Still A Kafkaesque Nightmare

Business Sep. 4, 2019

Taxes are never popular, but in the U.S., paying for crypto gains is like solving a Rubik’s Cube without touching it. While blindfolded. You might have correctly filed your obligations,...

tax

Top Accounting Firm EY Launches Crypto Tax Prep Service

How to Report Bitcoin Forks and Ethereum Airdrops on Your Taxes

New US Bill Could Make Small Crypto Transactions Tax-Exempt

Tax Authorities Are Making Bitcoin Unspendable

Could Trudeau’s Victory in Canada Propel Crypto Adoption, New Zealand Style?

Cryptocurrency Tax Software To Keep the IRS From Your Door

Avoiding Audits: Common Mistakes When Filing Crypto Taxes

US Crypto Taxes Are Still A Kafkaesque Nightmare