Topic: 150 million taxpayers will have to answer this crypto ques on new IRS Tax Form - page 2. (Read 269 times)
October 31, 2019, 06:33:15 AM
I think it's very difficult to apply tax on crypto, that's why some countries prohibit bitcoin maybe because crypto is an asset to avoid government taxes, one effective way to collect taxes is through exchanges, the exchange will increase transaction costs to pay taxes to the government.
October 31, 2019, 02:12:11 AM
Highly doubt this even moves the needle towards mass adoption based on just updated IRS tax form. From what I have seen in the past households with even a taxable investment account is quite low. KYC and Tax regulation seem to be the only way the government can begin to slow down the blockchain space.
October 30, 2019, 04:14:42 PM
Mass adoption by taxes? 150 Million people about to be exposed to crypto through new IRS Tax Form. Check it out:
https://www.cryptotrader.tax/blog/new-irs-1040-tax-form-cryptocurrency
https://www.cryptotrader.tax/blog/new-irs-1040-tax-form-cryptocurrency
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