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Democratic lawmakers on Monday introduced a bill to block investors from using Puerto Rico as a cryptocurrency tax haven — a ...
4h
Cryptopolitan on MSNDemocratic lawmakers push bill to end crypto tax breaks in Puerto RicoDemocratic lawmakers introduced new legislation on Monday to eliminate Puerto Rico’s allure as a crypto tax haven.
Millennials are also the group most likely to take their tax refund and invest in crypto, a separate study finds.
Colorado is not the only locality offering taxpayers the option to pay with digital assets. Detroit is rolling out its own ...
US House Democrats may be looking to block tax incentives in Puerto Rico for crypto investors after more than 13 years.
Utah is currently the only other U.S. state to accept cryptocurrency payments for tax purposes, although Louisiana accepts ...
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Bankrate on MSNDon’t forget to report your gains from crypto — the IRS already knows about themBrokerages and exchanges are now required to report their customers’ crypto transaction details to the IRS. Keeping track of ...
Consumers lost $66 million to crypto ATM fraud in the first six months of 2024, the Federal Trade Commission said. The money often cannot be recovered.
Panama City now accepts crypto payments for taxes and fees in BTC, ETH, USDC, and USDT, marking a significant shift in local ...
Some brokers and crypto exchanges may have provided reporting, but they had no obligation to do so. This has been a point of frustration for both the IRS and taxpayers alike, as there have been no ...
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