Cryptocurrencies are a new and exciting asset class that has seen tremendous growth in recent years. As this asset class grows in popularity, so too does the question of how it will be taxed. There are a few different ways that the tax on crypto gains can be approached. One way is to treat crypto […]
How Are Crypto Investments Taxed
Cryptocurrencies are a new and exciting investment, but how are they taxed? Cryptocurrencies are taxed as property in the United States. This means that when you sell a cryptocurrency for a profit, you will have to pay capital gains taxes on that profit. If you hold a cryptocurrency for less than a year, you will […]
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How Crypto Gains Are Taxed
Cryptocurrencies are a new and exciting investment option, but like any investment, there are tax implications to consider. How are crypto gains taxed, and what can you do to minimize your tax liability? Crypto gains are taxed as income, just like any other investment. This means that you will need to report any profits you […]
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