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Crypto taxes

131 Articles 2 Followers

How crypto donations lower your tax bills

3 Dec 2022 4 minute read 24 comments NOWPayments

Accept crypto donations NOW Perhaps the belief that you will feel a warm feeling of helping those in need is not so motivating for you, but what if you can also significantly reduce your tax bills by donating cryptocurrency? There’s never been a...

How We Lift Your Crypto Tax Reporting Burden on KuCoin

14 Feb 2023 1 minute read 0 comments KuCoin Blog

As more users globally trade digital assets and try to make their fortunes in the crypto market, governments worldwide also realize their potential from a tax perspective. In recent years, several countries have started announcing cryptocurrency taxe...

Crypto Traders Rejoice as Tax Rule Falls Out of the Omnibus Bill

22 Dec 2022 2 minute read 4 comments Cje95

Well, the 4,000+ page text for the government funding bill, more commonly known as the omnibus, has been released, and while I am sure there are plenty of interesting tidbits, one key thing stands out among the rest. The biggest tax loophole in the c...

Owners of Assets Trapped on Lending Platforms Might Catch a Break

7 Jul 2022 2 minute read 0 comments Cje95

With more and more crypto lending platforms freezing assets on their platforms there isn't a lot that people can do right now. It boils down to the good old saying "not your keys not your crypto". An issue that is becoming more and more pressing tho...

Koinly Review - Quick & Easy Taxing Platform for your Crypto (Many Countries Supported)

11 Apr 2022 1 minute read 0 comments LiteLiger

Koinly Honest Review Koinly calculates your cryptocurrency taxes & helps you reduce them for next year. Simple & Reliable. With Koinly you can import your ETH, BTC, Tezos, and other transactions directly from the ledger, sync all your exchange tradi...

Regulation - Governments Accidently Initiate Population Restructuring

23 Sep 2022 2 minute read 1 comment Sapphire

The Push Continues There has been a lot of talk regarding the proposed banning of algo-based stablecoins in the US. This may come as a surprise to some, but for the majority of us, we have been expecting this, and more! This is the only path that gov...

Crypto Taxes Explained

5 Apr 2022 4 minute read 0 comments SimpleHold

The taxation of cryptocurrencies is the totality of all commissions a country collects from any crypto transactions within its national jurisdiction. It does not matter by whom these transactions are carried out — by natural persons or legal entities...

Crypto Tax for Australian Investors (Updated For 2022)

15 Jul 2022 5 minute read 9 comments FrMkII

  Let me start by saying I am not an accountant, this is my own research from the ATO website and my understanding on how they will apply the rules they set, so use this as a starting point to do your own research, and preferably engage an accountant...

Will the Ethereum Merge Create a Tax Liability? Well...maybe

5 Sep 2022 5 minute read 2 comments kev_nag

Introduction One question that should be on the minds of every holder of Ethereum is: Will there be any tax liability created as a result of the ‘merge’? However, the problem is that no one can give a definitive answer to the question until the ‘merg...

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...