LND topic: crypto-tax page 1

crypto tax

Crypto Tax Deduction in Jeopardy Due to New Tax Law

December 31, 2025

The recent tax law changes by the GOP have put a significant tax break for digital assets in danger. This change affects companies that deal with cryptocurrencies like Bitcoin and Ethereum. The issue is about how these digital assets are classified under the tax code. If crypto is seen as intangibl

crypto

Lawmakers Aim to Simplify Crypto Tax Rules

December 21, 2025

In a move to bring clarity to the often confusing world of cryptocurrency taxes, two lawmakers from different parties are teaming up to create a new tax framework. This isn't just about any old crypto rules, but specifically about stablecoins and the rewards people earn for verifying transactions on

finance

Crypto Taxes in 2025: What You Need to Know

November 14, 2025

Crypto investors have not been great at paying taxes on time. A 2023 IRS review showed that only about 25% of crypto investors are likely to pay their taxes on time. But things are about to change in 2025. Starting in 2025, investors with accounts on centralized crypto exchanges will have their tra

crypto

UK Crypto Investors: Tax Time is Coming

October 26, 2025

The UK's tax authority, HMRC, is stepping up its game when it comes to crypto. For a long time, many people thought crypto was some kind of magic money that didn't have to be reported. But guess what? That's not the case anymore. HMRC is getting serious about making sure people pay taxes on their c

crypto

Senate Talks Crypto Taxes: What's the Deal?

October 2, 2025

The US Senate Finance Committee is set to discuss crypto taxes. This comes right after the Treasury and IRS released some new rules to make things easier for companies dealing with crypto under the Corporate Alternative Minimum Tax (CAMT). The CAMT is a 15% tax on big companies' profits, signed int

finance

Crypto Investors, Get Ready: Your Transactions Will Be Reported to the IRS Soon!

January 16, 2025

You’ve bought and sold crypto this year, but did you know that from next year, your transactions could be reported to the IRS for the first time? Yes, you read that right! If you’re using popular platforms like Coinbase or Gemini, they will be sending info about your crypto buys and sells to the tax

crypto

Prepare Your Wallets: New Crypto Tax Rules Are Coming in 2025

December 15, 2024

Get ready, crypto investors! The new year is bringing some big changes to how you report your crypto profits. Starting January 1, brokers and exchanges will start using a new form called the 1099-DA to report your gains. This means you'll need to keep a close eye on your cost basis – the amount you

finance

Bitcoin Boom: How to Stay Tax-Smart Before 2025

November 14, 2024

Bitcoin is hitting new highs, but crypto investors should keep an eye on something else: taxes. Starting in 2026, brokers will report crypto sales on Form 1099-DA, listing gross proceeds from 2025. By 2027, they'll include your original purchase price, known as the "basis. " This price is crucial be

technology

Crypto Tax Rules Are Here: What You Need to Know

October 7, 2024

Imagine this: you're a crypto trader, and suddenly the US Treasury drops new rules on you. Starting in 2026, your broker will have to report your transactions from 2025 to the IRS. This means if you traded any cryptocurrency like Bitcoin or stablecoins (which track real money), you'll get a form cal

finance

Crypto Exchanges to Share Trade Info with IRS by 2026

October 7, 2024

Starting in 2026, the Treasury Department in the U.S. will make it mandatory for crypto exchanges like Coinbase to disclose the details of user transactions to the Internal Revenue Service (IRS). This move is aimed at reducing tax evasion through cryptocurrencies. Think of it like a report card that