Sirwin
Sirwin

Crypto taxes

160 Articles 2 Followers


Just One Question for the IRS (The Tax Gap and Crypto)

22 May 2024 2 minute read 2 comments SeventyFourSeventyFive

Most definitions of the Tax Gap state it is the difference between what a person should pay compared to what they actually pay.  Using the word ‘should’ in the definition leaves it a little ambiguous, but, that is an argument for another day. If you...

Navigating Crypto Tax Essentials: A Guide for Investors

26 Apr 2024 2 minute read 0 comments LunaFey

In the fast-paced world of cryptocurrencies, where fortunes can be made overnight, it's easy to get swept away by the excitement of trading and investing. But as the saying goes, with great wealth comes great responsibility – especially when it comes...

Florida: Pioneering a tax-friendly future for cryptocurrency enthusiasts

5 Apr 2024 4 minute read 0 comments Sheepy

In the dynamic world of digital finance, Florida has distinguished itself as a sanctuary for cryptocurrency enthusiasts and enterprises. With its advantageous tax regulations and an expanding ecosystem supportive of digital currencies, the Sunshine S...

Brazil Drafting Crypto Regulation and Taxation Bill

3 Apr 2024 1 minute read 0 comments Novasky

Regulation is coming and there is no way we can bypass. If regulation comes in that means the tax income out of crypto is another norm too. So in short there is going to be regular taxation and regulation on the assets that are out. In short in the g...

Crypto Taxes — How Voyager is screwing me over one more time

28 Mar 2024 6 minute read 2 comments Messin' With Cryptos

Hey folks, so it’s unfortunately that time of year again — taxes. And although I didn’t sell a whole lot last year, as an unfortunate Voyager creditor, instead of using my go-to Crypto Tax platform Koinly, for 2023 I was encouraged (or perhaps coerce...

Countries With the Lowest Tax Rates on Your Bitcoin Investment Worldwide

27 Mar 2024 1 minute read 0 comments Coins Reporter

Bitcoin Long-term Tax Rate Around the World   Top 10 countries with the easiest and minimalist tax laws for Bitcoin Portugal Malta Singapore Belarus Germany Slovenia Bermuda The Bahamas Vanuatu Georgia So, if you're serious abo...

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...

Is Crypto Valley Calling My Name? EU Taxes Making Me Pack My Bags?

19 Feb 2024 1 minute read 1 comment Cryptofab

I'm still buzzing after reading Bloomberg's article about new rules in the EU for crypto. Talk about innovation and opportunity! But then reality hits... Back here in my country, crypto taxation is getting hairier than a troll's armpit. Seriously, th...

Legal Loopholes: Exploring Legitimate Ways to Minimize Cryptocurrency Tax Burdens

9 Jan 2024 1 minute read 0 comments Mika(123)

Cryptocurrency taxation has come to be a vital element of the virtual asset panorama, prompting savvy traders to explore felony loopholes which can help decrease tax liabilities. While compliance stays paramount, there are strategic approaches that,...

A U.S. Tax Law Passed in 2021 is Making Crypto Tax Reporting Hell in 2024

5 Jan 2024 5 minute read 2 comments WinterYeti

Back in 2021, the Infrastructure Investment and Jobs Act was passed as a response to help the country recover from COVID, inflation, and economic stagnation. And, of course, tax changes were buried in that omnibus law package, intentionally written t...