irs Archives - BearTax | Blog

Cryptocurrencies may soon be subject to wash sales rule

<img width="363" height="188" src="https://bear.tax/blog/wp-content/uploads/2021/09/Cryptocurrencies-may-soon-be-subject-to-wash-sales-rule-BearTax-Blog-363x188.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Cryptocurrencies may soon be subject to wash sales rule" srcset="https://bear.tax/blog/wp-content/uploads/2021/09/Cryptocurrencies-may-soon-be-subject-to-wash-sales-rule-BearTax-Blog-363x188.png 363w, https://bear.tax/blog/wp-content/uploads/2021/09/Cryptocurrencies-may-soon-be-subject-to-wash-sales-rule-BearTax-Blog-444x230.png 444w" sizes="(max-width: 363px) 100vw, 363px" />

Crypto Taxation

Wash Sales Rule May Now Apply To Your Crypto-Assets

On September 13th, the Committee of Ways and Means published a summary report of ways through which the U.S government…

IRS crypto guidelines

<img width="363" height="188" src="https://bear.tax/blog/wp-content/uploads/2019/12/Untitled-design-363x188.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="IRS crypto guidelines" srcset="https://bear.tax/blog/wp-content/uploads/2019/12/Untitled-design-363x188.png 363w, https://bear.tax/blog/wp-content/uploads/2019/12/Untitled-design-444x230.png 444w" sizes="(max-width: 363px) 100vw, 363px" />

Cryptocurrency

Can IRS access my cryptocurrency transactions?

The IRS crypto guidelines are clear on what cryptocurrencies are. And with how they’re proceeding, there could be more complex…

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Announcements

IRS guidance on cryptocurrency [Updated 2020]

IRS has provided updated guidance. Here is our comprehensive analysis of the guidance, steps by the IRS in educating users…

irs notice cp2501 and cp2500

<img width="363" height="188" src="https://bear.tax/blog/wp-content/uploads/2019/08/The-Definitive-guide-to-363x188.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="irs notice cp2501 and cp2500" srcset="https://bear.tax/blog/wp-content/uploads/2019/08/The-Definitive-guide-to-363x188.png 363w, https://bear.tax/blog/wp-content/uploads/2019/08/The-Definitive-guide-to-444x230.png 444w" sizes="(max-width: 363px) 100vw, 363px" />

Crypto Accounting

IRS Notice CP2501 and CP2000 for Cryptocurrency Traders

Received IRS notice cp2501 or cp2000 stating that you have under-reported your cryptocurrency on your tax returns, then you are not alone. Read more…

IRS sends letters to cryptocurrency traders

<img width="363" height="188" src="https://bear.tax/blog/wp-content/uploads/2019/07/kelly-sikkema-wgcUx0kR1ps-unsplash-363x188.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="IRS sends letters to cryptocurrency traders" srcset="https://bear.tax/blog/wp-content/uploads/2019/07/kelly-sikkema-wgcUx0kR1ps-unsplash-363x188.jpg 363w, https://bear.tax/blog/wp-content/uploads/2019/07/kelly-sikkema-wgcUx0kR1ps-unsplash-444x230.jpg 444w" sizes="(max-width: 363px) 100vw, 363px" />

Crypto Accounting

What is 6174-A, notice from IRS to cryptocurrency traders

IRS, Internal Revenue Service – the tax authority in the United States has sent out notices to thousands of cryptocurrency…