Understanding how to deduct crypto costs can significantly reduce your tax liability. This guide explains different deduction methods for individuals and businesses, including fees, losses, and donations. It […]
Maximize Savings on Your Bitcoin Tax Bill: A Guide to Crypto Deductions
Navigating cryptocurrency taxes can feel daunting, but understanding deductions and loss harvesting is key to saving money throughout the year. This guide explains how to leverage tax breaks […]
White House Forecasts Record Tax Refunds in 2026
The White House predicts the largest ever tax refunds in 2026, fueled by expiring Trump-era tax cuts and shifts back to pre-2017 tax brackets. This potential windfall is […]
Representative Davidson Introduces Bill to Use Bitcoin for Federal Taxes
A groundbreaking proposal aimed at transforming federal tax payments in the United States has been introduced by Representative Warren Davidson. The ‘Bitcoin for America Act’ suggests that taxpayers […]
Understanding the XRP Tax Hurdles Ahead of Potential $100 Rise
XRP price continues to draw speculation, with some predicting a surge towards $100. While this target remains intriguing for many investors, it’s crucial to remember that the practical […]
Best Cryptocurrency Tax Software for Accountants & Tax Professionals (2025)
Cryptocurrency’s growing popularity has led to a surge in the need for accurate tax reporting by CPAs and tax professionals. Compiling and understanding crypto transactions can be time-consuming […]
Brazil Considers Taxing International Cryptocurrency Transfers to Align with Global Standards
Brazil is exploring the implementation of a new tax on international cryptocurrency transactions as part of its effort to adopt global data-sharing standards for crypto assets. The move […]
White House Considers New Tax Framework for Crypto Holdings Abroad
The White House is currently reviewing a proposal from the IRS to update reporting standards for overseas cryptocurrencies held by US citizens. This potential shift in regulations, backed […]
U.S. May Issue Significant Tax Refunds in 2026: Tariff Dividends at Center of Discussion
The U.S. Treasury Department is currently exploring various options for distributing tariff dividends, according to Odaily’s reports. While a decision has yet to be made, multiple channels are […]
Crypto Tax Risks Rise as Regulators Tighten Scrutiny
Regulators are now actively tracking crypto transactions and wallets, making it clear that hiding your earnings isn’t an option anymore. With increased oversight from entities like the IRS, […]
UK Tightens Cryptocurrency Tax Scrutiny: Warning Letters Surge
Over 65,000 warning notices were sent out by the UK’s HM Revenue & Customs (HMRC) in the latest tax year, a dramatic increase from previous years. This signals […]
Roger Ver Pays $50 Million to Settle Tax Evasion Case
Cryptocurrency investor Roger Ver, known as Bitcoin Jesus, has settled a U.S. tax evasion case for nearly $50 million. This settlement serves as a cautionary tale highlighting the […]
Jack Dorsey Advocates for Reduced Tax Burden on Small Bitcoin Transactions
Square founder Jack Dorsey has called for a tax break on low-value Bitcoin transactions, aiming to make cryptocurrency more practical for everyday use. He believes that removing capital […]
Navigating Taxes: A Primer
Let’s delve into the complexities of taxes and explore essential aspects for informed decision-making. This guide provides valuable insights for individuals and businesses alike.
Trump Proposes Replacing Income Tax with Tariffs
In a proposal that could reshape both U.S. tax policy and global trade dynamics, former President Donald Trump has suggested replacing the nation’s income tax system with tariffs. […]