Top Five Crypto Tax Questions, Answered
Tax experts weigh in on how the IRS views crypto trading profits, gifts, mining rewards and more.
Making sense of your crypto taxes. Presented by Koinly.
Tax experts weigh in on how the IRS views crypto trading profits, gifts, mining rewards and more.
Here are the NFT-related rules of thumb to consider when filing your 2022 taxes.
Even though the legality of crypto in India is still a matter of debate, new crypto tax laws are already affecting businesses and individuals.
As of right now, all funds are frozen, which means FTX users are stuck. What will this mean for taxpayers?
The transparency and immutability of blockchain transactions could allow for tax assessment and collection to be vastly more efficient than the status quo.
If you’re a high earner or someone who lives in a high-tax state, you should look into tax-loss harvesting. You may be able to save up to 50% on your capital gains tax bill.
The Celsius Network bankruptcy and the failure of Terra have caused many questions for taxpayers caught in the middle.
Taking a moment to employ the right tax-reduction tactics could wind up saving you thousands on your tax bill.
Love it or hate it, tax season is here and that means all U.S. citizens that traded or sold crypto over the last year will be required to report their gains and losses. This piece is part of CoinDesk's Tax Week.
Delaware is helping companies cheat the other 49 states of tax revenues – and that’s just the tip of the iceberg.
The need for comprehensive crypto tax reform will become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing.
Individuals and institutions should carefully consider their tax obligations and, in the absence of official guidance, consult tax professionals or take the most conservative approach to avoid costly future audits.
A step-by-step guide to help NFT artists navigate taxes and find ways to reduce their tax bill.
With marginal rates, excise tax and the potential for foreign tax credit mismatch, crypto income could be taxed at an 80% or higher.
Web3 tax help is a multibillion-dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax.
The year 2022 has been rough in the markets, but one way to take the sting out of losses is to take advantage of tax-loss harvesting to offset any capital gains from other profits.
Despite crypto-friendly laws in Wyoming, most DAOs are choosing to incorporate overseas.
The government may write special rules regarding the treatment of the new asset within the cubbyhole, but there will be an existing tax bucket for every new idea, says KPMG's Tony Tuths.
The need for comprehensive crypto tax reform will become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing.
Tax expert Victoria J. Haneman compares Sam Bankman-Fried's crypto trading empire to Bernie Madoff's Ponzi scheme to glean what the FTX fallout could mean for tax filers.
Use data aggregators, get a trusted adviser and learn to live with a little uncertainty.
What if instead of private protocols enabling tax avoidance or evasion, privacy in web3 actually enhanced tax reporting?
If laws around taxation are confusing for crypto and art-focused NFTs, music is a whole other can of worms.
Individuals and institutions should carefully consider their tax obligations and, in the absence of official guidance, consult tax professionals or take the most conservative approach to avoid costly future audits.
The latest wave of crypto adoption has created new tax and compliance challenges, so it's up to crypto-natives to help Fortune 500 companies bridge the chasm.
The transparency and immutability of blockchain transactions could allow for tax assessment and collection to be vastly more efficient than the status quo.
If you’re a high earner or someone who lives in a high-tax state, you should look into tax-loss harvesting. You may be able to save up to 50% on your capital gains tax bill.
Taking a moment to employ the right tax-reduction tactics could wind up saving you thousands on your tax bill.
The Celsius Network bankruptcy and the failure of Terra have caused many questions for taxpayers caught in the middle.
Appraising historically significant non-fungible tokens has been a head scratcher for collectors and charities.
How to sell your bitcoin for tax advantages without interrupting your strategy to hold for the long term.
With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have your facts wrong, according to ZenLedger COO, Dan Hannum. This piece is part of CoinDesk's Tax Week.
A sizable proportion of “advisor alpha” can be generated from effective investment-related tax planning strategies alone.
Crypto won’t save you from taxes, but it may eventually make them easier to pay, says futurist Dan Jeffries. This piece is part of CoinDesk's Tax Week.
Tax guidance lags innovation. So does tax software. Meanwhile, misconceptions abound. If not careful, investors can end up owing more tax than expected and having to unload crypto to pay the bill. This piece is part of CoinDesk's Tax Week.
From "impermanent losses" to loan-to-value ratios, financial institutions need to keep track of a lot of data to ensure they remain compliant while participating in DeFi.
What does it mean for your tax bill if you lost money trading illiquid non-fungible tokens?