We're coming up to the tax filing deadline of April 15th. If you haven't yet started, just not clicked Submit or not put your return in the mail, here are 10 things individuals need to remember when including Bitcoins or other digital currencies in your tax return. 1. Gains are…
Now we are in full swing of the 2014 tax return season, many people will be looking at the price of their Bitcoins and other digital currencies and wondering if they even need to file taxes. The overall trend in 2014 was a price decline, which would likely mean any…
Once your capital gains have all been calculated you will need to include them in your taxes. How to do this depends on how you are filing this year. Go to our Reports & Export tab to the Sales of Assets section. Do you file yourself and mail in your…
We're pleased to announce the release of BitcoinTaxes 2.0, to calculate capital gains and income for the 2014 tax year and into 2015. New features: Moved to bitcoin.tax Adding income from Coinbase, BitPay, CEX.IO Adding income from mining addresses with price lookup Adding spending, donations and gift/…
Today we hear the news of another Australian crypto-currency exchange, Living Room of Satoshi, shutting down because of the potential effects of the Australian Tax Office's draft ruling on sales tax with regard to crypto-currencies. Essentially, the ruling is that Bitcoin is not money and so the selling of Bitcoin…