I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# Crypto tax ‘a top enforcement priority,’ reminds IRS commissioner ” The Internal Revenue Service (IRS) continues to propose new tax reforms to regulate the crypto investments in the United States, with the latest notice sharing tax obligations for the marijuana industry. The notice, signed by IRS Commissioner De Lon Harris, reflects the priorities of…
“# Charitable sustainable NFTs for the United Nations’ 17 SDGs ” In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. The United Nations General Assembly (UNGA)…
“# The new episode of crypto regulation: The Empire Strikes Back ” The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity…
“# Former US Treasury official joins Binance to lead AML efforts ” Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company’s international Anti-Money Laundering (AML) efforts, the exchange announced on Aug. 18. Before replacing Karen Leong as the global money laundering reporting officer at Binance, Monahan worked…
“# Senate infrastructure bill isn’t perfect, but could the intention be right? ” United States Senators have cast their votes, and the contentious HR 3684 infrastructure bill cleared in the upper Congress chamber. Now, the gigantic document of over 2,700 pages and amounting to almost $1 trillion is heading to the House of Representatives, including…
“#Federal government sends out 2.2M more stimulus checks” Over 2.2 million more stimulus checks have gone out in the past six weeks, the feds announced, bringing the total number of payments distributed as part of the third batch of checks to more than 171 million. The latest round of 2.2 million checks is worth more…
“# Get a passport, pay crypto, live tax-free? ” Way back in 2014, the United States Internal Revenue Service (IRS) ruled that cryptocurrency is property in Notice 2014-21. That classification as property has some big tax consequences accentuated by wild price swings. Buying and selling crypto can trigger gain or loss and be taxable. Yes,…
“# Crypto tax startup TaxBit reportedly in talks for unicorn-level funding ” The United States-based cryptocurrency tax software developer TaxBit is reportedly looking for new funding at a valuation of $1 billion or more, which would make it a unicorn startup. According to Bloomberg, people with knowledge of the matter said TaxBit is in talks…
“# Crypto staking rewards and their unfair taxation in the US ” The United States Internal Revenue Service (IRS) stretches the tax rules to fit its cryptocurrency agenda. At no time in tax history has pure creation been a taxable event. Yet, the IRS seeks to tax new tokens as income at the time they…
“#Fear a friendless future and other commentary” Iconoclast: Fear a Friendless Future “Friendlessness is on the rise,” cautions The Week’s Damon Linker. “That’s the troubling takeaway” from a study showing the number of Americans with “no close friends” has risen “fivefold over the past 30 years.” It’s not just “bad for the lonely,” it’s “a…