Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards. In the context of ...
New IRS rules could have been “disastrous” for crypto taxpayers during the bull market, a crypto tax executive said. The United States Internal Revenue Service (IRS) has issued a temporary relief for ...
Several days ago, the US Internal Revenue Service (IRS) issued a statement providing temporary relief on crypto cost-basis reporting rules. While a good thing for digital asset investors, the change ...
The Internal Revenue Service generally treats crypto like property, similar to stocks or real estate, so selling crypto can trigger a capital gain or loss. But many investors have been able to use a ...
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