News, regulatory updates and crypto-tax guidance for individuals, covering reporting, compliance and accounting developments.
The Kwong case sets a precedent for IRS penalty refunds due to COVID-19, and crypto traders can use a crypto tax calculator to ensure accurate filings and avoid penalties.
AI trading bots generate complex taxable events; users need to understand crypto trading tax rules for bot-generated income.
The CRA's latest scam warnings highlight the need for crypto traders in Canada to stay vigilant and use trusted tools for tax reporting.
