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…
What are NFTs? Non-fungible tokens (NFTs) are unique digital assets representing ownership or proof of authenticity of a…
What is DeFi? Decentralized Finance, or DeFi, is a transformative sector within the blockchain space, aiming to recreate…
I'm thrilled to share some exciting news to start 2024. Crypto Tax Calculator is teaming up with Coinbase – one of the…
What is tax-loss harvesting? Tax-loss harvesting is a legal investment strategy that helps reduce your overall capital…
Why you should care about in IRS 1099 forms: 1099's are the centrepiece of IRS crypto tax enforcement and the most…