Rhode Island lawmakers have reintroduced a temporary Bitcoin tax exemption bill that would eliminate state income and capital gains taxes on small Bitcoin transactions—up to $20,000 annually Rhode ...

When Sukesh Tedla started buying and trading Bitcoin in the late 2010s, he didn’t realize he owed taxes on the gains. “When I discovered I owed taxes, it was a nightmare. After compiling reams of ...

A US lawmaker introduced a bill in the House of Representatives on Thursday that would allow Americans to pay their federal taxes in Bitcoin, which would then be funneled into the US strategic Bitcoin ...

In hearings today, Senator Lummis signaled willingness to work with Treasury on clearer Bitcoin tax guidance, including a potential de minimis exemption. Senator Cynthia Lummis (R-Wyo.) signaled that ...

Staggering 1099-DA data reveals the messy crypto tax system.

Crypto investors may be shellshocked by a recent plunge in prices. But that sell-off has a silver lining: It opens the door to a money saving tax strategy. Stream San Diego News for free, 24/7, ...

Crypto sales are taxable under current United States policy, but lawmakers have proposed tax exemptions for small transactions. The biggest obstacle to Bitcoin (BTC) being used as a payment method is ...

But the virtual currency has a reputation for providing a sense of anonymity to those who own it. That anonymity doesn’t extend to the tax authorities, however. Come April, people who have bought and ...