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Tag Archives: Taxman

When the Taxman Comes Knocking, Will Americans Report Crypto Gains?

Cryptocurrency investors appear to be skirting their taxes. Whether keeping with crypto’s anti-establishment roots or for lack of ability, American cryptocurrency practitioners are testing the IRS’s tolerance for crypto tax evasion. Tax day in the United States is tomorrow, April 17, 2018, but according to the popular tax filing service Credit Karma, few cryptocurrency holders have reported earnings or losses ...

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Bitcoin Boon Overflows Charities Cup While Taxman Searches For His Cut.

Record-breaking gains in the cryptocurrency market during 2017 resulted in record-breaking donations to charitable organizations by Bitcoin investors according to fidelity mutual. $70 million in charitable donations The miracle cryptocurrency market that was epitomized by Bitcoin’s unparalleled rise from $1,000 to $20,000. Before the year’s end correction many made investors a lot of money. Now reports are showing that the good fortune ...

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The Taxman Cometh

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Tax season is ramping up in the United States and Uncle Sam is looking to get his cut from the cryptocurrency pie; that is a slice of your profits. Last year was hot for Bitcoin, Litecoin, Ethereum, and most all altcoins. With amazing percentage gains across the ...

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