Crypto tax reporting is a challenge in the best of circumstances. But when your transaction history is incomplete, inconsistent, or entirely missing, that challenge becomes a serious risk — both for compliance and for your financial well-being. Whether you've lost...
Crypto tax reporting is no longer a gray area — it’s a critical compliance requirement that continues to evolve under increasingly sophisticated tax authorities. In the U.S., the Internal Revenue Service (IRS) has taken a more assertive stance in recent years,...
As digital assets evolve, so too do the challenges of tax compliance. Non-Fungible Tokens (NFTs) have exploded in popularity, transforming the way we think about ownership, art, gaming, and intellectual property. But with this innovation comes complexity — especially...
Understand the fundamentals of crypto tax reporting — and how CountDeFi simplifies it for US and global investors. Cryptocurrency has transformed how we invest, transact, and build wealth. But with innovation comes regulation — and when it comes to taxes, the world of...
As cryptocurrency continues to grow in popularity, the Internal Revenue Service (IRS) has sharpened its focus on digital assets. The IRS’s specialized team—often referred to informally as the “Crypto Unit”—is dedicated to clarifying and enforcing tax obligations...
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...
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...