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PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers

On Oct 27, 2020
@zooko shared
RT @NeerajKA: yup https://t.co/mDwKEByixl
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While PayPal's move may help digital assets go mainstream, the accompanying tax work could be heavy to keep track of.

www.coindesk.com
On Oct 27, 2020
@zooko shared
RT @NeerajKA: yup https://t.co/mDwKEByixl
Open

PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers

PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers

While PayPal's move may help digital assets go mainstream, the accompanying tax work could be heavy to keep track of.

The US Cryptocurrency Landscape Is Changing - Here's What You Need To Know

The US Cryptocurrency Landscape Is Changing - Here's What You Need To Know

The US government has turned a keen eye to cryptocurrencies in recent years.

Will PayPal’s crypto offer turn into a tax nightmare?

Will PayPal’s crypto offer turn into a tax nightmare?

U.S. tax laws treat crypto like property so PayPal users need to be aware of the requirements when using the new cryptocurrency payments system

Op Ed: IRS Doesn’t Get Cryptocurrencies: Here’s Why

Op Ed: IRS Doesn’t Get Cryptocurrencies: Here’s Why

In this op ed, Robin Singh examines tax implications of forked coins and Specific Identification of bitcoin and other cryptocurrencies, according to recent IRS guidelines.

What to Expect When the IRS Alters Its Bitcoin Tax Policy

What to Expect When the IRS Alters Its Bitcoin Tax Policy

Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.

10 Tax Tools to Help Crypto Owners

10 Tax Tools to Help Crypto Owners

While tax laws on cryptocurrency vary by jurisdiction, there are many useful tools to help you calculate crypto taxes, lower your tax liabilities, and simplify your filing — no matter where ...

Beginner’s Guide to Cryptocurrency Taxes

Beginner’s Guide to Cryptocurrency Taxes

The topic of cryptocurrency taxes is still a cause of confusion, especially to those just entering the crypto space. This guide will introduce you to crypto taxation and show you how to ...

Guide To Cryptocurrency Tax Rules

Guide To Cryptocurrency Tax Rules

15 lessons for bitcoin investors

Loss Harvesting, Crypto Loans and More Strategies to Cut Bitcoin Taxes

Loss Harvesting, Crypto Loans and More Strategies to Cut Bitcoin Taxes

Tax expert lays out a number of strategies to lower taxes in a guest editorial where crypto loans, DAI, and much else is covered.

IRS: Coins From Crypto Hard Forks Create Taxable Income

IRS: Coins From Crypto Hard Forks Create Taxable Income

The IRS released its newest FAQ & guidelines on taxing US nationals for crypto transactions. Coins from a hard fork create taxable income.