As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless. Some people will also attempt to get...Read More
I imagine long ago there was a time when neither verbal nor written language existed for humans. Hand gestures and other physical cues were as good as our ancestors had it. Perhaps the sign for thirsty meant pinching one’s own tongue. Or the sign for hungry meant stuffing one’s hand in one’s own mouth. **The...Read More
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency. Though the promised guidelines for reporting still...Read More