Crypto Tax Shell Shock
A surprising number of Americans are reeling from unexpected crypto tax bills. Here’s what went wrong – and how you can protect yourself before it happens to you…
A surprising number of Americans are reeling from unexpected crypto tax bills. Here’s what went wrong – and how you can protect yourself before it happens to you…
Every year, the IRS moves the goalposts on crypto taxes. Between new forms, new rules, and new ways to get blindsided by an unexpected tax burden, a lot of HODLers don’t know where to turn. And that’s exactly why we reached out to our panel of world-class crypto tax pros once again this year…
Here at BitIRA, we love just about everything about crypto. Except taxes. Let’s face it – crypto taxes can be a real headache. As with everything relating to the IRS, getting the answers absolutely right is critical. Nobody wants to find out their series of profitable trades comes with a surprise bill… Our mission is…
As we head into the height of tax season, we’re beginning to field more and more questions from our customers and the general public about crypto taxes. After all, the IRS has been relatively slow to offer clarity on lingering questions on the topic (although there are recent signs that that may be changing),…
As we reach the peak of tax season, the IRS’ guidelines on crypto tax reporting remain as vague as ever. In an attempt to address the confusion, the agency just announced a summit to meet with thought leaders in the space. Could they finally be coming close to a clear set of rules? Here’s what you need to know.
After much debate on drafting a fair set of rules for crypto taxation, Congress has finally proposed a new bill that may prove to be a boon for the industry. See how they plan to shake up future tax seasons for crypto users.