Advertisement     The free tool supports 100,000 transactions, excluding NFTs and futures trading. Per the announcement, Binance’s users in other countries will ‘soon’...
Tag: Tax
Binance Launches a Crypto Tax Reporting Tool
Cryptocurrency exchange Binance announced the launch of “Binance Tax,” a tool to help its users calculate their tax obligations on crypto transactions. The launch comes as many governments worldwide h...
Tesla hikes Model Y prices after EV tax credit expansion
Tesla (TSLA) is taking the opportunity to ram through some price increases, thanks to Uncle Sam. On Friday the IRS released new guidance changing the definition it used to classify vehicles as SUVs, u...
Ryan Found Section 8 More Efficient Than The Low Income Housing Tax Credit
CHICAGO, IL – JUNE 27 : Section 8 voucher holders Tracy Carrithers views an apartment with Housing … [+] Choice Partners real estate specialist Jessie McDaniels (not pictured) in the Logan...
Binance Launches Free Tax Tool To Provide Tax Details for Crypto Transactions in First Step of Global Launch
February 6, 2023 – Paris, France Today Binance is launching Binance Tax –a new tool that enables users to easily access details of the tax associated with their crypto trading activity. Binance Tax al...
A 30% national sales tax? Abolishing the IRS? What the FairTax Act of 2023 would do.
There is hardly an area of American life more subject to partisan debate than the tax code. Democrats want to raise taxes. Republicans want to slash them. At least that’s how the well-worn narra...
Binance Launches Binance Tax: A Crypto Tax Calculating Tool
Binance announced the launch of Binance Tax, a crypto tax calculating tool. The tool helps estimate the user’s crypto tax liabilities at zero cost. The crypto calculator is user-friendly and gives acc...
Binance Launches New Crypto Tax Reporting Tool for Certain Users
The world’s largest cryptocurrency exchange has launched a new tool dubbed Binance Tax to enable users to understand their crypto tax liabilities on up to 100,000 transactions. According to a press re...
Binance Tax launched to prepare crypto users for the tax season
For many countries, the tax season is right around the corner, which means companies in the crypto industry will need to be ready to help their users comply with local regulations. On Feb. 6, crypto ...
Binance Launches Free Tax Tool to Provide Tax Details For Crypto Transactions in First Step of Global Launch – Cryptopolitan
Paris, France, 6th February, 2023, Chainwire Today Binance is launching Binance Tax, a new tool that enables users to easily access details of the tax associated with their crypto trading activity. Bi...
The Inflation Reduction Act carves out an EV tax credit for 2023. Does Tesla qualify?
When times are tight, every penny counts. That goes for money back on a tax return too. If you purchased a Tesla, or another kind of electric vehicle, you may be eligible for over $7,000 in tax credit...
Certain Tax Strategies can help Crypto investors offset losses
Reporting crypto in tax filing could be beneficial. Tax loss harvesting can offset losses. Crypto donations and IRAs are also beneficial. The crypto industry lost nearly $3.9 billion in 2022. Such ...
3 tax breaks small businesses don’t want to miss
Small employers faced unprecedented times in the last couple of years. Fortunately, Congress passed tax incentives for small business owners to take advantage of this critical situation. For example, ...
States That Eliminated Income Tax on Military Retirement
military retirement tax Serving in the military is a hard job, with many service members spending long lengths of time away from their family and putting their lives on the line. There are perks that ...
Tax strategies allow crypto investors to offset losses
2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022. Detrimental losses such as ...
Tesla, Ford and GM win in EV tax credit change
A few more electric vehicle models now qualify for the federal EV tax credit, including GM’s Cadillac Lyric, the Ford Mustang Mach-E and Tesla’s five-seater Model Y, thanks to a change by ...
Why is my tax refund so low? Tax refunds in 2023 could be smaller, take longer. Here’s why
Every furniture store and car dealer across the nation — and one iconic magical mouse pushing dream vacations and celebrations — has a ready suggestion for how you might spend that big tax refund. But...
How Much Will Capital Gains Tax on Real Estate Investment Property
SmartAsset: Capital gains tax on real estate investment property Real estate investments can be lucrative assets. However, they can also incur capital gains taxes that weaken your profits. Fortunately...
Meme Coin FLOKI Cuts Transaction Tax After Burning 5 Trillion Tokens
Floki team reduced its tax transaction on the ecosystem to 0.3%. The aim is to accelerate the meme coin’s adoption by lowering the entry barrier Previously, 99% of Floki DAO voted to burn nearly 5 tri...
alternatives to Italy to pay less tax
With the approval of the Budget Law 2023, capital gains from the sale of cryptocurrencies exceeding €2,000 will be taxed at 26 percent. In the new law, such income falls under a specific category of “...
Tesla Stock Charges Up On Government Revision To EV Tax Credits Separator Site title Separator Site title
More Tesla (TSLA), Ford (F) and General Motors (GM) electric vehicles will be eligible for tax credits of up to $7,500 after the U.S. Treasury Department revised the vehicle classification definitions...
Tesla stock rips higher as IRS boosts Model Y EV tax credit eligibility
Tesla (TSLA) shares are trading higher today as the IRS updated its criteria for what qualifies as an SUV, and this means more EV tax credits are available. According to new rules, the IRS will use th...
Tesla, General Motors get boost from EV SUV tax credit change
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT –...
TRON praises Chinese cryptocurrency tax guidelines
The TRON [TRX] network said it was open to taxing cryptocurrencies if doing so would help the sector develop properly after China announced new regulatory guidelines. The terrible events in the crypto...
What crypto hodlers should keep in mind as tax season approaches
Filing taxes for cryptocurrency can be a confusing and daunting task for many individuals. The United States Internal Revenue Service (IRS) treats cryptocurrency as property subject to capital gains t...
India’s crypto tax amendment could result in jail time for evaders
Join Our Telegram channel to stay up to date on breaking news coverage According to three lawyers, India has kept its rigorous crypto tax regulations from 2022 in 2023, while adding a potential punish...
India Maintains Position on Crypto Tax in Budget
There are fears that India may use its position as president of the G-20 in its fight against the cryptocurrency industry. World’s largest democracy, India, has maintained its crypto tax rules in its ...
Indian Government Introduces New Crypto Tax Penalties – Regulation Bitcoin News
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Ni...
The Cost Of Battery Production Tax Credits Provided In The IRA
SAN FRANCISCO, CA: An electric BMW vehicle gets its batteries charged in the parking lot of a hotel … [+] in San Francisco, California. (Photo by Robert Alexander/Getty Images) Getty Images The ...
Huge Income Tax Changes, Good For Crypto Community?
The crypto community is disappointed with no tax burden and TDS reduction announced by India’s Finance Minister Nirmala Sitharaman in the first session of the Union Budget 2023. The finance minister r...