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…
How are DAOs taxed?
The term DAO stands for ‘Decentralized Autonomous Organization’. Unlike traditional organizations, a DAO’s principles…
Are Wrapped Tokens Taxed?
What are wrapped tokens? A wrapped token is a cryptocurrency token pegged to the value of another cryptocurrency token…
What are Play to Earn games, and are they taxed?
What are play to earn games? If you were around the crypto space in 2021, you would’ve likely heard about the phenomenon…
Carrying on a Business of Trading Cryptocurrency
Whether you are carrying on a business of trading cryptocurrency is often a complicated question and there are very few…
How to calculate tax on ETH gas fees
At the time of writing gas price is 180 Wei and to do a trade on Uniswap cost around $100 in ETH. This is a significant…
