Latest Posts with Crypto taxes tag

Crypto taxes

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5 Must Have Cryptocurrency Asset Management Tools for Everyday Use

2 Dec 2019 13 minute read 5 comments Abhijoy Sarkar

As we head towards the close of 2019, Rohit and I recently sat down to discuss the year that has been for cryptocurrencies and what it has meant for the industry in general. A major trend this year has been the emergence of new financing avenues thro...

What exactly does the IRS’ new crypto guidance mean?

25 Nov 2019 4 minute read 6 comments Robin Singh

What exactly does the IRS’ new crypto guidance mean?  Earlier this month, the Internal Revenue Service (IRS) released new tax guidance that expands upon its previous 2014 notice. This fresh update brings us new details on hard forks, among other thin...

Cryptocurrency Taxes: What You Need to Know

14 Sep 2019 5 minute read 1 comment

Taxes are one of the most important things to consider when dealing with assets of any kind, especially since failure to do so could lead to problems with the IRS. Some people are not aware that cryptocurrency is an asset, just like any other asset c...

IRS Sends Second Round of Crypto Tax Letters to Investors

17 Aug 2019 3 minute read 1 comment Bitcoin Mafia

The IRS is sending out another round of letters to cryptocurrency investors – this time telling them that their tax returns do not match records given by crypto exchanges. April 15th may be a few months in the rearview mirror, but that does not mea...

Wealth Tax' Shills Are Pumping Crypto Prices

4 Aug 2019 1 minute read 0 comments cyprain

Economist Elizabeth Warren has disclosed that she thinks ‘Wealth Tax’ Shills Are Pumping Crypto Prices, economist Tyler Cowen credits Elizabeth Warren’s “wealth tax” proposal which may be catalyzing this year’s bitcoin price boom as many may be avoid...

5 Tips for Doing Your Cryptocurrency Taxes

22 Jul 2019 3 minute read 0 comments CryptoTrader.Tax

Paying taxes on Bitcoin and other cryptocurrencies is becoming a priority for individuals in the US after the IRS announced on July 2nd, 2018 that one of their core campaigns and focuses for the year is the taxation of virtual currencies.   Depending...

Mid-Year Prep - Airdrop Tax Hits Versus Normal Trading Taxes

17 Jun 2021 2 minute read 0 comments tlutzenberger

A funny thing happened on the way to getting an explanation on how a hard fork would be taxed versus an airdrop. When the question went to the IRS (yes, those folks at the Internal Revenue Service), as to how either even should be treated for tax rep...