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Neosify - Buy, Stake & Earn Crypto

Crypto taxes

131 Articles 2 Followers

Crypto Charity Donations.... Are Crypto Investors More Generous then the Typical Investor?

28 Dec 2021 2 minute read 0 comments Cje95

It should be no surprise that crypto and digital assets are up big time in 2021. Compared to last year the increase is a whooping 583% for 2021 according to The Giving Block, a crypto donation and fundraising platform for nonprofits and individuals....

When Do You Have To Pay Taxes On Crypto? All You Need To Know

26 Nov 2021 7 minute read 0 comments StealthEX

Find out when do you have to pay taxes on crypto gains. Discover how do taxes on cryptocurrency vary from country to country? Crypto taxes in the USA, China, India, etc. Keep reading the new StealthEX article to learn more about the taxation of crypt...

Tips and Tools to Calculate Your Crypto Profits

24 Nov 2021 5 minute read 0 comments ChangeNOW

When you sell your cryptocurrency at a higher rate than you’ve bought it, it’s not always clear how much money you’ve gained. There are a lot of numbers to keep in mind, and some investors ignore them. However, being aware of the exact amount you’ve...

NFTs, US Taxes, and Best Practices

18 Nov 2021 4 minute read 0 comments CryptoManiaks

NFTs, US Taxes, and Best Practices   The United States tax system is very complicated and taxes on NFTs are no exception.  Most NFT exchanges are international entities that enable pseudonymous accounts so it is difficult to keep track of all the act...

Crypto and Tax Accounting: A Match Made in Heaven?

12 Nov 2021 6 minute read 0 comments 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...

Reporting Your Taxes When Using Crypto to Buy Things

11 Nov 2021 1 minute read 5 comments Glenn Stok

Did you know that purchasing a cup of coffee with Bitcoin or any other cryptocurrency has tax consequences? When you make that purchase, you are selling a small portion of your Bitcoin. The IRS considers that a sale of assets. Therefore, in the Unit...

Crypto Taxes In 2021: What Should You Know?

28 Oct 2021 6 minute read 8 comments ChangeNOW

You must have heard the proverb: there are only two certain things in life, death and taxes. But when it comes to cryptocurrency, many ask themselves a question: do I have to pay taxes on crypto? This depends on where you live, but most likely, the a...

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...

8 Ways to Reduce Your 2021 Crypto Tax Bills

18 Sep 2021 4 minute read 0 comments Ishaan Goyal

Introduction If you are currently a crypto owner or have been holding crypto assets for a few years now, or if you are just joining the crypto trading revolution, either way, you are liable to pay tax on all 2021 cryptocurrency transactions. Nobody l...

Well, there it is; DNB concludes Binance is "illegally" operating in the Netherlands

18 Aug 2021 1 minute read 1 comment Kovichni

Seems we are starting to get our answers regarding Binance and their long-term suspension of Euro SWIFT and Dutch direct banking deposits