Income

IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040

The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season. A draft of the “Additional Income and Adjustments to Income” section of the latest 1040 form was released. It included a change […]

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New Zealand Gives Greenlight for Cryptocurrency Income and Salary Payments

Coinspeaker New Zealand Gives Greenlight for Cryptocurrency Income and Salary Payments New Zealand has published a ruling by its tax authorities that allows paying workers’ salaries with cryptocurrency. The publication also includes specific requirements regarding this issue. New Zealand Gives Greenlight for Cryptocurrency Income and Salary Payments Continue reading at Coinspeaker

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