First Canadian Municipality Begins Accepting Bitcoin For Property Taxes
The city of Innisfil, Ontario would be the first municipality in Canada to just accept bitcoin in cost for property taxes. The pilot scheme shall be in partnership with...
Bitcoin for Starbucks Espresso Poses Important Tax Submitting Points
Utilizing Bitcoin to pay for espresso at Starbucks would possibly include some tough implications as far tax filings are involved.
Elevated Bitcoin Tax Submitting Palaver
As reported by Bitcoinist, a part...
New Hampshire Closer to Accept Bitcoin for Taxes as Subcommittee Votes Yes
The state of New Hampshire has moved one step closer to accepting Bitcoin for tax payments. The state’s House Subcommittee has unanimously approved Bill 470-FN filed January 5th, 2019.
New...
Bitcoin Taxes: 61% of Holders Won’t Report Losses to IRS
The US tax season has begun, and this might finally be the year to declare your bitcoin and crypto-assets. Sure, bitcoin taxes can be complicated, but research suggests that...
Indiana, New Hampshire May Be Next to Accept Bitcoin for Taxes
A house bill for amending the currently existing taxation Code of Indiana has been filed January 24 seeking acceptance of cryptocurrencies for paying taxes. Another bill requiring the state...
IRS to Face Record Number of Loss Claims, Says Crypto Accounting Firm
Node40, a developer of bitcoin tax-reporting software, expects the U.S. Internal Revenue Service (IRS) to receive a record number of cryptocurrency-related tax return claims this year, as it predicts...
