Crypto taxes

138 Articles 2 Followers


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...

Taxable Event does NOT always mean Pay More Taxes [US]

17 Aug 2021 1 minute read 0 comments Crypto Wombat

I see a common misconception in the crypto space when people start learning about crypto taxes that they think every time they make a trade, swap, or sell they are losing more and more money to taxes the more they move money. This is not always the c...

Crypto Taxation - Assault on our freedom !!!

5 Aug 2021 1 minute read 0 comments coinsurprise

I can not talk about the US government's proposed legislation for crypto taxation, without also calling it out for what it is: An assault on our freedom.  It has been famously said that Freedom is a wonderful thing and it is only ever one generation...

Koinly Tax Exports

3 Aug 2021 1 minute read 0 comments Keegan Francis

This is a bonus newsletter containing exports from my Koinly account. I wanted to provide you with an expectation of what is in the reports so you can make a better judgement on whether or not you’d like to use a service like Koinly to automate your...

Paying Crypto Taxes (I Don't Want To But I Do It Anyway)

3 Aug 2021 1 minute read 2 comments Keegan Francis

3 Things are Certain in Life. Death; Taxes; and 21 Million Bitcoin. A situation I never want to find myself in, is going to jail for owning crypto. Thankfully I live in Canada, so hopefully the only way the government would do that to me, is if I f...

The Crypto Taxman Commeth: Incoming US Regulation

3 Aug 2021 2 minute read 5 comments Bread

The latest US Government Infrastructure Bill, apart from costing a ridiculous $1 trillion dollars that the government will have to borrow from the Federal Reserve (who prints it out of thin air as usual), contains some bad news for crypto. I know, yo...

Paraguay rules opposite to El Salvador

20 Jul 2021 1 minute read 0 comments RFereru

Paraguay, which initially wants to follow in El Salvador's footsteps regarding the use of Bitcoin, has presented an initiative that seems to be quite different from what cryptocurrency users would have liked. The two important points are: 1. It is n...

Taxing "staking rewards" is brutal

12 Jul 2021 3 minute read 1 comment belemo

I understand the importance of tax, even though I don't entirely get the point of it when the government will just print money anyway, but I accept that we all could keep some part of our earnings to improve our society. However, I feel like sometime...