Crypto taxes

160 Articles 2 Followers

Do You Have to Pay Taxes on NFTs?

19 Mar 2022 4 minute read 1 comment

Do You Have to Pay Taxes on NFTs? Understanding whether or not you have to pay taxes on such things as cryptocurrency and especially NFTs can seem like a daunting task. Like most things when it comes to taxes it is usually best to consult with a...

Tracking Crypto Transactions for Tax Purposes Is Becoming Easier

14 Mar 2022 2 minute read 0 comments CryptoRealm

When crypto first came out, crypto investors probably had to record all of their Bitcoin and Ethereum transactions by themselves with their own bare hands. Not to mention, during those times, crypto was not completely recognized as a "thing" which ju...

Historic Moment in Action: Colorado (US) Now Allows You to Pay Tax with Crypto

10 Mar 2022 1 minute read 0 comments CryptoRealm

If you live (or have visited) Colorado, you might have agreed to several things. First of all, there are some interesting places to sightsee and explore. Second, there are some unique phenomenons that occur there like the time there was a blizzard in...

How is Bitcoin Taxed?

22 Feb 2022 2 minute read 1 comment Urban Crypto

Bitcoin is considered a real currency in the US, and proper taxes are applied to it. Here’s a simplified crypto and Bitcoin taxation guide.    With the evolution of technology, many people have now started investing in cryptocurrenc...

Different ways to directly use Crypto for payments without paying tax though withdrawal

5 Feb 2022 3 minute read 2 comments Bala

India is introducing a 30% flat tax on crypto earnings. This was announced as part of the budget announcement a few days back. Though this came out as a surprise, we are at least happy that we don't have a full ban on Crypto in India. That's definite...

Bipartisan Group of US Lawmakers Put Forth Legislation to Spare Small Crypto Transactions

4 Feb 2022 3 minute read 0 comments Cje95

Every time I get to read an article that mentions bipartisan support I have to admit it makes me do a double-take given the way that things look on the outside looking in. Now having worked on The Hill all of last year I can promise you that it reall...

Bureaucracy in Crypto

3 Feb 2022 1 minute read 0 comments Alther

The feeling of the year twenty-two for cryptocurrency is like starting everything from 0 because its presence begins with a variety of confusing intrigues. With all things political. No longer as before, only discussing pure security, progress, readi...

Cointracker Crypto Tax Compiler - Why Tax Reporting Pisses Me Off

2 Feb 2022 2 minute read 0 comments R23

Image Source   I personally don't understand how we as a society (America specifically here though I think it is the same around the world) allow for such heavy taxes to be imposed upon us without a real say in how they are spent and why tax returns...

30% tax on crypto income is a welcome move but still huge

2 Feb 2022 2 minute read 3 comments Bala

We are having budget announcements from the government in the last two days. The new financial year is coming up with lots of new financial allocations and changes. People who are invested in crypto were expecting an announcement in this budget and i...

Cryptocurrency Tax Reporting and Record Keeping

15 Jan 2022 3 minute read 0 comments PLitz

The purpose of this article is to inform readers about cryptocurrency as it relates to income taxes. This is NOT investment advice. If you would like to learn more about cryptocurrency, I would encourage you to do your own research. Cryptocurrency is...