IRS Alerts Taxpayers They Must Answer a New Question on Tax Forms or Face Consequences

The Internal Revenue Service (IRS) issued an alert to taxpayers on Tuesday, reminding them that they must report all digital asset-related income and answer a new digital asset question on their 2022 federal income tax return or face consequences such as delayed refunds or even penalties. The IRS said in a Jan. 24 release that a … Read more

What Do Bitcoin Investors Need To Know In These Frozen Markets?

Bitcoin markets have been relatively calm lately. (Photo by Chesnot/Getty Images) Getty Images Bitcoin markets have been relatively tame recently, with certain measures of the digital currency’s volatility reaching multiyear lows. Earlier this week, the cryptocurrency’s seven-day annualized volatility dropped to 10.64%, its lowest since July 2020. The digital asset has been moving within a … Read more