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Ethereum Merge and the hefty tax bill you could be in for
Ethereum Merge and the hefty tax bill you could be in for
The Ethereum Merge may constitute a taxable event if it results in a chain-splitting hard fork, tax experts warn.
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TaxBit has raised a $130 Million from investors to boost its tax reporting tools (Read More)
The company said some of the funds would be used to open new offices in the United States and the United Kingdom.
The possible new funding would bring the Utah-based crypto tax automation provider to a valuation of $1 billion or above.
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
With the tax deadline just around the corner, crypto holders are stressing over the dreaded capital gains tax. But they can write it off by donating to a worthy cause of their choice, according to one crypto-focused charity. Â
The Giving Block, a platform that enables nonprofit organizations to accept donations in cryptocurrency and has helped raiseover $1 million to support pandemic relief…
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Uphold Teams Up With TaxBit to More Accurately Report Users’ Crypto Trades
Uphold Teams Up With TaxBit to More Accurately Report Users’ Crypto Trades
Uphold is hoping to prevent its customers from being audited by reporting their crypto trades as property trades – not income, as many exchanges have done in the past.
The platform, which provides trading in crypto, fiat currencies and assets like metals, is partnering with Taxbit to provide customers with a tax liability dashboard on its user portal, and intends to help customers file more…
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Winklevoss Brothers Invest in $5 million Seed Round for TaxBit cryptocurrency tax automation software company TaxBit, has just unveiled they pulled off a seed round of $5 million, with some of the industries' biggest names participating.
Winklevoss Brothers Invest in $5 million Seed Round for TaxBit cryptocurrency tax automation software company TaxBit, has just unveiled they pulled off a seed round of $5 million, with some of the industries' biggest names participating.
