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...
The intersection of cryptocurrency mining and tax compliance is often misunderstood or overlooked — usually due to the complexity of the rules involved. With evolving IRS guidance and increasing scrutiny by tax authorities around the globe, it’s more important than...
Navigating the complexities of crypto tax reporting is becoming increasingly crucial for investors, especially with the evolving guidelines set forth by HM Revenue & Customs (HMRC). As the UK prepares to implement the Cryptoasset Reporting Framework (CARF) by...
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...
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,...
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...