How to calculate your UK crypto tax
Calculating cryptocurrency in the UK is fairly difficult due to the unique rules around accounting for capital gains set out by the HMRC. To calculate your capital gains as an individual, the HMRC requires you to keep track of your average cost basis for the token on hand, aggregate your same-day…
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…
How The IRS Knows You've Traded Crypto
Background One of the key ideas behind crypto is privacy, the decentralized nature of the space means you can keep your…
Margin trading and how is it taxed
What is crypto margin trading? Crypto margin trading is a way for investors to maximize their earnings on market…
Why You Still Owe Tax On Monero
What is Monero? Monero is a cryptocurrency founded in 2014 focusing on the goals of anonymity and privacy. Monero uses…
