Congressman Matt Gaetz Introduces Bill to Allow Federal Income Tax Payments in Bitcoin
Congressman Matt Gaetz (R-FL) has introduced legislation to allow federal income tax payments to be made in Bitcoin. Exclusively reported first ...
Tag: Income
Marathon reports record $337.2 million net income in Q1 2024
Marathon Digital Holdings reported a record net income of $337.2 million in 2024’s first quarter.The firm’s quarterly net income, published ...
Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
Core Scientific reported a $210.7 million net income for the first quarter on May 8.The change represents an increase of ...
Nearly Half of Crypto Users Rely on Digital Assets to Earn Extra Income
Binance surveyed 1,172 of its registered customers in jurisdictions the place it's allowed to function and located that 45 % ...
IRS Says Staking Rewards Can Now Be Taxed As Income Once Tokens Are Received
The Inside Income Service (IRS) says that US crypto merchants staking rewards will now need to deal with these earnings ...