MicroStrategy commands 461,000 BTC worth $48.65 billion and could owe up to $2.9 billion in federal taxes. MicroStrategy ...
Starting in 2025, crypto transactions, including Bitcoin, will be subject to third-party reporting. Custodial platforms, ...
If you think MicroStrategy’s business model is wild, wait until you see its tax issues. After years of raising money through ...
This week, there’s been some big news for U.S. based crypto projects. Eric Trump confirmed that U.S.-based projects like XRP and HBAR will eventually benefit from zero capital gains tax, while non-U.S ...
In the next few months, most Americans will be focused on getting their tax documents together to complete their 2024 returns ...
MicroStrategy may have to pay taxes on its unrealized gains despite not selling any Bitcoin to make a profit. Michael ...
The IRS will require centralized trading platforms to report users' crypto transaction information to the tax department ...
IRS mandates centralized crypto platforms like Coinbase to report transactions via 1099-DA in 2025, affecting US investors' ...
The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to ...
Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for ...
Key takeawaysSelling, trading, mining and using Bitcoin for purchases are all taxable under most jurisdictions. Accurate ...