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taxes

(Francis MacDonald/Unsplash)
Lender Beware: The Potential DeFi Tax Trap
Uncle Sam may collect tax on every loan and repayment of cryptocurrency, which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. This piece is part of CoinDesk's Tax Week.
(Francis MacDonald/Unsplash)

CDCROP: Robot hand typing keypad calculator taxes tax help (Melody Wang/CoinDesk)
How Web 3 Could Change Tax Collection
The traditional third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next? This piece is part of CoinDesk's Tax Week.
CDCROP: Robot hand typing keypad calculator taxes tax help (Melody Wang/CoinDesk)

Bitcoin mining could add plenty of dollars to U.S. coffers.(Sharon McCutcheon/Unsplash)
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government. This piece is part of CoinDesk’s Tax Week.
Bitcoin mining could add plenty of dollars to U.S. coffers.(Sharon McCutcheon/Unsplash)

CDCROP: Robot hand typing keypad calculator taxes tax help (Melody Wang/CoinDesk)
The Automatic Tax Man Cometh
Crypto won’t save you from taxes, but it may eventually make them easier to pay, says futurist Dan Jeffries. This piece is part of CoinDesk's Tax Week.
CDCROP: Robot hand typing keypad calculator taxes tax help (Melody Wang/CoinDesk)

Dollar Bills, a Calculator, and a BTC Piggy Bank Inside a Kettle
The 7 Types of Crypto Tax Nightmares
Meet the yoga instructors, limo drivers and real estate agents who've been to hell and back. This piece is part of CoinDesk's Tax Week.
Dollar Bills, a Calculator, and a BTC Piggy Bank Inside a Kettle

Pat White, Bitwave
Crypto Tax and Accounting Platform Bitwave Raises $7.25M
Blockchain Capital led the firm's seed round as VC bets on crypto tax plays pick up steam.
Pat White, Bitwave

TaxBit glowup
TaxBit Raises $130M Series B at $1.33B Valuation
It's the second major funding round for the tax software firm this year.
TaxBit glowup

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There’s Still Time to Fix Congress’s Crypto-Tax Mess
The Senate has failed to amend a provision that could cripple the U.S. cryptocurrency sector. But the game's not over yet.
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2 Senators Propose Exemptions to Crypto Tax Reporting Required by US Infrastructure Bill
The amendment is a compromise between two previously proposed amendments.
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Senate Infrastructure Bill team
Senate's Infrastructure Bill: What to Expect on Saturday
A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision.
Senate Infrastructure Bill team