by CountDeFi Author | Jan 15, 2025 | Crypto Regulation, Crypto Tax, Cryptocurrency, DeFi, IRS, United States
Impact of IRS Final Regulations on Non-Compliant U.S. Traders The new regulations finalized by the IRS and Treasury Department concerning digital asset transactions impose significant changes and consequences for non-compliant U.S. traders. These measures aim to...
by CountDeFi Author | Jan 14, 2025 | Crypto Regulation, Crypto Tax, Cryptocurrency, DeFi, IRS, United States
Navigating the New IRS Regulations on Digital Asset Reporting: What DeFi Brokers Need to Know The IRS has introduced finalized regulations requiring brokers facilitating digital asset transactions to file information returns and furnish payee statements. These changes...
by CountDeFi Author | Nov 4, 2024 | Crypto Regulation, Crypto Tax, Cryptocurrency, DeFi, IRS, South Africa, Switzerland, United Kingdom, United States
US Crypto Tax Landscape: How Trump vs. Harris Could Transform Your Crypto Taxes Introduction As the next U.S. presidential election looms closer, many in the cryptocurrency space are wondering what lies ahead for the regulatory environment, especially regarding...
by CountDeFi Author | Nov 1, 2024 | Crypto Regulation, Crypto Tax, Cryptocurrency, DeFi, IRS, South Africa, Switzerland, United Kingdom, United States
Crypto Tax Rates 2024: Discover the Most Investor-Friendly Countries and Crucial Trends Introduction Coincub and Blockpit has released its 2024 Crypto Tax Report, with great insights. Below we have summarised some key highlights from the report. As we step into 2024,...
by CountDeFi Author | Oct 31, 2024 | Crypto Tax, Cryptocurrency, DeFi, IRS, United States
Advanced Crypto Tax Optimization Strategies for US Investors: Maximize Your Gains and Minimize Your Liabilities Introduction In the world of cryptocurrency trading, understanding the nuances of tax reporting is crucial to optimizing your earnings. Cryptocurrency...
by CountDeFi Author | Oct 28, 2024 | Crypto Tax, Cryptocurrency, DeFi, IRS, United States
Overwhelmed by Outstanding Crypto Tax? Here’s the Ultimate Solution to Settle Past Years Introduction For many U.S. crypto traders, the journey of navigating crypto taxation has been a daunting task, especially if you’ve fallen behind in reporting gains...
by CountDeFi Author | Oct 23, 2024 | Crypto Tax, Cryptocurrency, DeFi, IRS
Cryptocurrency trading offers immense financial opportunities, but it’s also a hotbed for scams, theft, and fraud. Unfortunately, many crypto traders in the US have suffered significant financial losses due to these issues. The good news is that there are ways to...
by CountDeFi Author | Oct 21, 2024 | Crypto Tax, Cryptocurrency, DeFi, IRS
IRS CP2000 Letters for Crypto Traders: Avoid Costly Mistakes! In recent years, cryptocurrency trading has become a popular investment strategy. But with increased trading comes more scrutiny from tax authorities, especially the IRS. Many crypto traders are receiving...
by CountDeFi Author | Oct 18, 2024 | Crypto Regulation, Cryptocurrency, DeFi, IRS, Recommended articles
The crypto industry continues to evolve at a rapid pace, and the 2024 State of Crypto Report from a16z provides an in-depth look at the latest trends, challenges, and opportunities shaping the space. From record highs in crypto activity to the growing intersection of...
by CountDeFi Author | Oct 15, 2024 | Crypto Regulation, Crypto Tax, Cryptocurrency, IRS, Recommended articles, United States
7 Significant Challenges of Crypto Tax Reporting Data (And Empowering Solutions for Success) Crypto tax reporting is a crucial part of remaining compliant in an increasingly regulated space, but it can be extremely challenging, especially given the complexity and...