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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...

Collecting Transaction records: Settling in for Crypto-implosion

17 Nov 2022 3 minute read 0 comments bengy

Unsplash   With FTX going belly up, and the news that Genesis (huge huge huge counterparty/loan platform) is stopping withdrawals due to a liquidity shortfall... well, it is safe to say that the waves from the earlier collapses in the year are...

Crypto Accounting is a Poop!

30 May 2022 4 minute read 3 comments bengy

Unsplash     Unsplash   Sigh... I really need to be much more disciplined with the crypto accounting not that I'm in a country with a capital gains taxation system for cryptocurrencies. It really makes everything quite a great deal more onero...

Importing MEXC data with Cointracking

13 Apr 2022 4 minute read 0 comments bengy

  Keeping up with crypto accounting is still a bit of a nightmare when you have accounts across a number of exchange. There isn't really a standard for reporting and exporting CSVs... and APIs mostly work... except when they don't, or when they mi...

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 do before the Bull arrives: Sort your Tax Tracking

26 Feb 2023 4 minute read 0 comments bengy

Unsplash     Unsplash   Now that things are heating up again with some interesting announcements and prices starting to drag themselves off the last "rock-bottom lows", it appears that the last of the capitulation is gone... rugs have rugged,...

Crypto tax reporting. How much do we need this tool?

7 Feb 2023 1 minute read 1 comment Lazy Bear

After the announcement by Binance that they are launching a trial version of the service, which will allow you to print out all the information on the movement of funds. Against the background of tighter controls, this is great news. but is there any...

Crypto taxation in Italy by 2023

6 Feb 2023 1 minute read 0 comments RudyF

A fiscal discipline applicable to crypto-assets is introduced. Cryptocurrency taxation in Italy from 2023 is first inserted in article 67, paragraph 1, Tuir, a new category of "other income" consisting of capital gains and other income generated thro...

All you need to know about crypto taxes

15 Jan 2023 1 minute read 0 comments RvX

  Cryptocurrencies, such as Bitcoin and Ethereum, have become increasingly popular in recent years, and as a result, the topic of crypto taxes has come to the forefront. The Internal Revenue Service (IRS) has issued guidance on how tax...