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…
Introduction The government wants a piece of your gaming fun. A decade ago, a novel idea came along. The creation of a…
Put simply, an audit is a review of your financial records and tax payments to ensure you’ve paid the correct amount of…
Depending on how deep into the crypto space you are at this point in time, you may or may not already know the…
Back in 2018, the CEO of Crypto Tax Calculator Shane Brunette was struggling with his own crypto tax nightmare after…
In the US, cryptocurrencies and crypto assets are treated by the Internal Revenue Service (IRS) as property instead of a…