PayPal’s Entry Into The Crypto Space Pushes Bitcoin Above 13K
On October 21, news emerged that PayPal will soon be offering crypto trading services to its users at no extra fees. Users can pay for their goods and services via ...
Tag: Taxes
Gold Bug Peter Schiff’s Bank Targeted In A Tax Evasion Probe
Since the inception of cryptos, Peter Schiff has always criticised the nascent industry especially gold. Many wonder, ‘Does an extortion attempt from Russian hackers explain Schiff's hatred for Bitcoin?’ Today, ...
Venezuela May Collect Petro Crypto Taxes Soon
On August 11, reports emerged that the Venezuelan mayors agreed to join the government’s plan of expanding into the adoption of Petro. All that happened despite some of the municipalities ...
Crypto.com Makes Crypto Tax Reporting Easy for Its Users
Crypto.com, a payments and crypto platform, has announced that it has simplified crypto tax reporting for its users. The company has managed to streamline the process through a new partnership ...
Beijing Pilots Blockchain Platform to Combat Fictitious Invoices
China has accelerated its developments and applications in the budding blockchain space. After a successful rollout in Shenzhen in 2019, China’s blockchain invoicing system is now being introduced to the ...
Britain’s Tax Agency Seeks Help To Fight Crypto Tax Evasion
According to the latest reports, Britain’s tax agency is encouraging contractors to offer a tech tool solution to assist the agency in fighting crypto cybercriminals. Her Majesty’s Revenue & Customs ...
IRS Increases the Severity of Penalties: Avoid These Tax Mistakes like Plague
Taxes are complex. There are times when one may make innocent tax mistakes and can be excused with no penalties. Willful and non-willful tax mistakes are quite different. Whenever penalties ...
TurboTax Gallops Further into the Crypto World by Partnering with CryptoTrader.Tax
As the world advances, so does the cryptocurrency industry. Digital currencies and the underlying blockchain technology keep gaining real-life uses that enable them towards mass adoption. A piece of software ...
Ohio Issue – Paying Taxes in Bitcoin Attracts Very Few So Far
So far, very few people have taken up the recently launched option to pay their state taxes in bitcoin, Ohio’s new state treasurer says. Cleveland.com reports that Republican Treasurer Robert ...
Yahoo Japan’s Subsidiary Invested Into Crypto-related Company
Z Corporation, a renowned subsidiary of Yahoo Group plans to invest in Aerial Partners, a company that primarily deals with crypto taxes. Aerial Partners acquired 180 million yen (about $1.62 ...
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