IRS

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A Hobbyist Crypto Trader's Life in Tax Hell
The spreadsheet got more and more complicated, until one day it took two minutes to load.
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What You Don't Know About Crypto Taxes Can Hurt You
There has been no new cryptocurrency tax guidance from the IRS since 2014. Consequently, few investors fully understand how to treat 2017 gains.
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Making the Most of Crypto Mining Tax Breaks
From depreciation of rig equipment to a second reporting and tax requirement after mined coins are sold, tax rules for miners can get complicated.
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Bitcoin Forks and Livestock Law? Tax Day 2018 Is a Different Animal
U.S. income tax treatment of forks is unclear. A conservative approach would be to treat the receipt of new cryptocurrency as taxable ordinary income.
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5 Steps to Stress-Free Crypto Tax Accounting
The prudent individual or business must keep up with regulation and develop a process to organize data related to trading cryptocurrency. Here's how.
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How to Mount a Tax Defense for Unreported Crypto Income
Most individuals with unreported cryptocurrency income have options available to mitigate and defend against civil penalties and criminal prosecution.
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US Crypto Tax Policy Isn't Just Crazy, It's Cruel
There is something extraordinarily cruel, crazy even, in the IRS’s approach of treating virtual currencies as property for tax purposes.
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What the Taxman Can Learn from Crypto
Cryptocurrency reminds us that tax and other rules need to be fluid, as inaction or inappropriate responses can halt or slow technological advances.
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How Active Crypto Traders Can Save on US Taxes
Active crypto traders can qualify for trader tax status (TTS) to deduct business and home-office expenses. And there might be an additional benefit.
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Do You Owe the IRS for Crypto-to-Crypto Trades?
For cryptocurrency traders, the ability to use like-kind exchange rules to avoid U.S. tax on trades is a bit of a “good news/bad news” story.
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