Crypto Tax News

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

Cardano has a lot going for it, but mind your taxes 

Crypto projects come and go. Some derive temporary value from the hype created by public investors and speculators. Others might attempt to solve real-world issues, such as Third World countries' lack of payment infrastructure.  Blockchain technology has the potential...

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Aurora – NEAR perfect? What about the tax implications?

If you’re passionate about using a crypto protocol that is fast, cheap, and offers ‘infinite scalability,’ you’re probably familiar with the concept of ‘sharding’ and with NEAR Protocol.  NEAR Protocol has a number of value propositions. One of these involves...

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Cost basis is king: How DIY crypto tax reporting can cost you

Generating an accurate and efficient crypto tax report goes far beyond hitting the “Generate report” button on your reporting software. Not being clued up on the technicalities underlying crypto tax software can have serious tax consequences.  It may affect both the...

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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,...

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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.

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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,...

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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...

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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...

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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...

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