Latest Posts with Crypto taxes tag

Crypto taxes

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Time to Celebrate Ether, Bitcoin, and the Rise of Crypto

8 May 2021 2 minute read 3 comments Allen Taylor

Yesterday, I sent the manuscript of my upcoming book Cryptosocial: Is Social Media Ready for Decentralization? to my publisher. It should take about four months before it is released into the wild. This is cause for celebration. Let’s see what else w...

I Prefer Trading On My Own- Sorry API, Profit And Loss Is All My Own Responsibility

3 May 2021 1 minute read 0 comments Suny Ag

If one knows nothing much about trading in crypto or does not have technical knowledge, yet he wants to make money from trading, then there are ways to do so. One way is to appoint a fund manager or a portfolio manager that you can talk to in person,...

How Quickly can Crypto Bounce Back?

26 Apr 2021 2 minute read 3 comments Cje95

With the recent pullback in crypto, the first question you have to ask yourself is what's next? When is the right time to get back in? Is it going to get worse? Is it going to recover? It is a question that really does not seem to have an answer and...

Cryptocurrency Taxes - Simplified

25 Apr 2021 5 minute read 6 comments Mynima

Introduction So I can imagine there were a lot of folks who recently participated in the FORTH token airdrop, I was one of these luck few and judging from the average payouts you can see that in some cases it was a substantial amount. While my first...

BTC Has Fallen By 18% In A Week, And Has Recently Fallen Below $50,000. Is There Any Bad News?

24 Apr 2021 4 minute read 0 comments Willson-Deng

Capital gains tax is not bad news for BTC, beware of “flops” in BTC On April 23, BTC fell below the psychological price of $50,000, and its market value also fell below the $1 trillion mark. I took a look at the online news about BTC in the last 24 h...

Sell what you bought high and BUY THE DIP! It's beneficial for your taxes.

20 Apr 2021 3 minute read 0 comments Username12

So everyone knows the market retracted a good bit, this comes as a shock to some and not at all to others.  Guess what, this is the perfect time buy more!  If you've bought higher than the current price, now's a great time to sell and buy back in.  A...

CoinTracking Is A Professional Portfolio Manager And An Essential Tool For Crypto Tax Reports

7 Apr 2021 3 minute read 17 comments Cryptonator`s

I have started with cryptocurrencies like most of us. I earned my first smaller amounts on the internet and at some point, I started buying and investing. In the beginning, I never thought about professionally tracking my portfolio because there was...

Why You Should Buy Tesla With Bitcoin

4 Apr 2021 5 minute read 54 comments AlucardLife

Elon Musk came out with the news that he would allow Tesla purchases to be made in BTC. He also stated that BTC would not be converted into fiat, but would remain BTC. All I heard after that were these fucking stupid #numbergoup idiots saying, "If yo...

US Tax Law and Cryptocurrency Part 4: Gift Taxes

26 Mar 2021 4 minute read 2 comments Phul

Making this thumbnail may have gotten slightly out of hand, but it's safe to say that I had some fun with it. I am a certified public accountant (not an artist) that is based out of New Jersey, and I'm continuing my extensive guide covering the inter...

Crypto & Your Tax Bill

18 Mar 2021 2 minute read 1 comment AlucardLife

You don't have one. Questions? Drilling down: Crypto, bitcoin especially, is sovereign. That means your country has NO CLAIM TO IT. Moreover, it is not in any way defined by or against any fiat currency. The fact that they can be exchanged for fiat c...