Tax Implications of Crypto

1. Understanding Capital Gains Tax on CryptoCryptocurrency is considered property by the IRS, which means that buying, selling, or trading crypto can trigger capital gains tax. Understanding how this tax…

1. Understanding the IRSs View on Cryptocurrency When it comes to cryptocurrency, the Internal Revenue Service (IRS) does not treat it as traditional currency. Instead, the IRS classifies cryptocurrency as…

1. Introduction to Crypto Taxation As cryptocurrency continues to grow in popularity, investors must understand how digital assets are taxed in the United States. The Internal Revenue Service (IRS) has…