Sirwin
Sirwin

Crypto Tax Compliance

28 Articles 1 Followers


Cryptocurrency and Taxes: A Complete Guide for Investors in 2024

20 Mar 2024 7 minute read 3 comments letssittt

Crypto continues to make a new financial world, and that gives investors every chance so far that cannot not be beaten. Yet, the reality is that as the adoption of cryptocurrency increases, the place of digital assets in the international taxation fr...

Koinly now shows long term vs short term holding

4 Jan 2024 1 minute read 0 comments Bulebule22

So for those of you who doesn't know, Koinly added in a beta feature which I think should be on all sites like it (where it tracks your crypto and helps you during tax time). Anyways, the useful feature as seen below shows you how much of a given coi...

Using Uphold in the US? W-9 Due by December 9th

7 Dec 2022 1 minute read 1 comment Valdyr

If you're living the United States and using Uphold for some or all of your crypto trading, you should have received a notice in-app or via email to fill out your W-9 tax form by December 9th, 2022. In a recently updated post in their help center, Up...

Splashing out on Crypto Accounting Software (Cointracking)

31 Mar 2022 4 minute read 1 comment bengy

  Sigh.... the day had come when I would need to start upgrading through the various tiers of crypto accounting software. I remember back fondly to the days of crypto accounting in the Netherlands, where we only needed to do a single yearly snapshot...

Things to consider before using Koinly to figure out your Crypto taxes

23 Mar 2022 5 minute read 5 comments Messin' With Cryptos

Hey folks, let me once again preface that I am not a financial advisor and this is for entertainment and educational purposes only. In addition, I am definitely not a CPA or a tax professional--this is only really gives an account of my experiences u...

The hard Indian Crypto Tax season to Rekt the Indian crypto community is starting next month!!

18 Mar 2022 3 minute read 6 comments Greenchic

Indian crypto investors will now have crypto taxes suddenly to think about, even if they don’t make the required high earnings to warrant such a high amount of tax. I have talked about this unique 30% flat crypto tax that Indian Government proposes...

Crypto Accounting Setup Complete!

4 Jan 2022 4 minute read 3 comments bengy

    Unsplash   There is no nice way to say this... but crypto accounting in Australia (and other Capital Gains Tax jurisdictions) is politely described as poop... or as a pain in the arse. Capital Gains requires a crapload more tracking of exact...

Crypto and Tax Accounting: A Match Made in Heaven?

12 Nov 2021 6 minute read 1 comment Abhijoy Sarkar

Everybody knows by now about the SHIB whale wallet (recently split the balance into more wallets) which bought USD 8,000 worth of the meme tokens last year and is now worth close to USD 3.6 Bn as of the time of writing this article. This number was e...

U.S House of Representatives Passes $1 Trillion Infrastructure Bill - Crypto Got Screwed

8 Nov 2021 5 minute read 8 comments kev_nag

***INTRODUCTION*** After a long day in session, late Friday night (November 5, 2021) the U.S. House of Representatives passed the Infrastructure Investment and Jobs Act (H.R. 3684) by a vote of 228 - 206. This vote included 13 Republicans voting in f...

The Move #3: Comparing Crypto Tax Accounting platforms (Cointracking vs Rotki)

25 Sep 2021 6 minute read 0 comments bengy

    Unsplash   This is my little series on the big move back to Australia. Perhaps I will look back in the future and laugh... or cry!Part 1: Finding a Moving CompanyPast 2: A Slight Travel Panic Ah, moving back to Australia has some benefits...