US Crypto Tax Guide 2024
Crypto from a tax perspective A key distinction between cryptocurrency and fiat money (like the US dollar) is that cryptocurrency is viewed as property rather than as a currency in the US by the Internal Revenue Service (IRS). This means that the taxation rules for cryptocurrency are those which…
The Guide to TokenSets
Background Set Labs (the company behind TokenSet) was founded in 2017 around the idea of allowing users to create a…
Hard forks - what are their tax implications?
What is a hard fork? In the crypto world, a ‘hard fork’ occurs when a blockchain’s programmers decide to pivot. This is…
The HMRC is requesting input on DeFi tax
In July, the HMRC put out a call for evidence pertaining to the taxation of DeFi activity. In their own words, the HMRC…
How is crypto gambling taxed?
While some may describe investing in crypto as a gamble, that’s not the focus of today’s blog post. Today, we’ll be…
IRS updates crypto question on Form 1040
IRS updates crypto question on Form 1040 The Internal Revenue Service (IRS) has proposed an update to a question…
