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The U.S. Internal Revenue Service (IRS) has updated its crypto taxation guidelines five years after the first publication on virtual currency taxation. This time around, the U.S. tax agency included guidelines on hard forks and airdrops. With the new guideline comes reactions from different people ..
Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much as flinching. Despite m..
For the Internal Revenue Service (IRS) bitcoin tax payment has become a matter of priority, as the tax agency recently distributed over 10,000 letters to different bitcoin investors. The IRS has tried to curb the issue of tax evasion from virtual currency holders, albeit without a clear crypto tax g..