The tax would apply to profits from selling crypto for fiat currency or goods and services, but not to swapping one cryptocurrency for another.

TurboTax has a crypto tax calculator you can use to estimate your capital gains/losses. If you received your crypto from mining, the IRS considers it taxable income at the “fair market value” on the ...

If you are hoping to avoid the IRS getting all of the money you’ve made on your crypto investments, perhaps you should consider another route altogether this tax season: giving it away to a ...

And as more Canadians adopt cryptocurrencies as an alternative form of investment, there are important tax implications to watch for, experts say. “Crypto is becoming less speculative and being ...

Virtually all buyers of new and used cars now need to pay Vehicle Excise Duty (VED) – often referred to as road tax. The costs usually rise every April, with increases generally calculated in ...

this week’s update highlights recent developments in U.S. federal tax policy that may impact crypto firms and crypto holders. In December 2024, the Treasury Department finalized regulations ...

Bitcoin (BTC-USD) popped after US President Trump signed a bill into law reversing a Biden-era rule that made decentralized finance platforms comply with the same tax rules as a traditional brokerage.

President Donald Trump signed legislation to block an Internal Revenue Service rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their ...

As tax season nears its end, here's what to know about reporting report crypto such as Bitcoin to the IRS. The IRS says that individuals who sold crypto, received it as payment, or had other ...

Ukraine is moving toward formalizing digital asset taxation with the concept of a 23% tax on certain crypto transactions. The framework, developed by the National Securities and Stock Market ...