Crypto Tax News

Browse our articles to learn more about crypto tax news and the latest updates on regional crypto tax regulations.

5 US crypto tax myths busted

For Americans with money to invest, the crypto industry’s pace of development can be confusing. Whether hype or reality – and, often, it’s a bit of both – the stories we read online and the conversations we hold over the barbeque can leave us unsure of what to think,...

read more

Why the quality of crypto transaction data matters

High-quality crypto transaction data covers the complete series of transactions in a given date range. You need all the data to accurately calculate an asset’s correct cost basis – and, ultimately, the profit you made on it.

read more

Tax-loss harvesting: Cut your tax bill today

Why now? It is an ideal time to start thinking about tax-loss harvesting. The final countdown has begun, and 31 December 2022 can be seen waiting on the horizon. The rollercoaster of crypto has seen more downs than ups, and luckily, the chapter is coming to a close,...

read more

Crypto Tax Evasion and Operation Hidden Treasure

What is Operation Hidden Treasure? Operation Hidden Treasure was introduced on March 5, 2021, by the IRS Director of the Office of Fraud. You may feel like the IRS is not always on your side, but you cannot argue their creative abilities in naming departments needs a...

read more

Discover NFT’s: It’s not just a picture!

Everyone has heard about non-fungible tokens, or NFTs as they are better known. Celebrities like Eminem bought a Bored Ape NFT for half a million dollars. The mainstream media went viral and said they could take a screenshot and have the same thing. But is this the...

read more

Your Guide to Crypto Tax in the UK

If you are residing in the UK, and trading with cryptocurrencies, you could be liable to pay crypto tax. The HM Revenue and Customs (HMRC) was one of the first tax offices worldwide to seize the lucrative revenue opportunity that United Kingdom (UK) crypto tax may...

read more

Crypto assets as payment option

Crypto asset payments have all seen significant growth in recent years. Digital assets enable faster, more flexible, and more innovative payments and ways of doing business. In addition, retailers, individuals, and businesses are increasingly accepting crypto assets...

read more

Discover Crypto Tax in Australia

Crypto Tax in Australia is a very hot topic as Australia is one of the countries in the world with a high crypto ownership rate. According to a survey released by Finder, the country ranks 3rd out of 27 countries, with 22,9% of Australians owning crypto. As the number...

read more

What is DeFi?

What is DeFi? Decentralised finance, better known as DeFi, is essentially the entire financial world behind crypto. As we speak, developers are recreating fundamental financial institutions and replacing old ways and old systems. It is hard to understand and imagine...

read more