Sen. Cynthia Lummis (R-WY) is pushing a $300 de minimis crypto tax exemption — capped at $5,000 annually — to let Americans ...

When crypto first gained prominence more than 15 years ago, one of the big selling points of the currency was its lack of ties to any specific government. Unlike fiat currency, cryptocurrency offered ...

The Biden administration wants to get tougher on tax cheats — and cryptocurrency is an area of interest. Virtual currencies like bitcoin and ethereum, which are collectively valued around $2 trillion, ...

Professionals have a major piece of advice for those who traded cryptocurrency for the first time last year: Take your tax prep seriously. The IRS has been zooming in on cryptocurrency reporting with ...

Lori Carpenter with Stadler & Company joined Julie in studio for this week’s Tax Tip Tuesday. They talked about the crypto-currency (such as bitcoin) and how that can impact you filing your ...

Don't assume the IRS doesn't know about your cryptocurrency transactions simply because you didn't swap your digital coins for cash. The No. 1 mistake crypto traders tend to make is assuming that the ...

The central government has expanded the tax net to include crypto assets and digital currency in the financial account ...