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Crypto Taxes

21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules

With the deadline for Americans to file their taxes days away, more than 20 U.S. lawmakers have again urged the Internal Revenue Service (IRS) to provide clarity on cryptocurrency questions. The lawmakers’ letter, addressed to IRS Commissioner Charles Rettig, explains that taxpayers may find it difficult to calculate how much they owe the agency due …

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Crypto Tax Bill Clears First Hurdle in New Hampshire Legislature

A proposed law in New Hampshire that would allow residents to pay their taxes with cryptocurrency is seeing some early traction. House Bill 470, which would allow state-level agencies (including New Hampshire’s tax office) to accept cryptocurrencies for payment if approved, cleared its first minor hurdle last week after being passed unanimously by a subcommittee …

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