Cryptocurrencies are often seen as a way to get around paying taxes, but as more and more governments move to regulate and tax them, this is becoming increasingly difficult. How much crypto should you have before you start paying taxes? Cryptocurrencies are considered property for tax purposes in most countries. This means that you have […]
When Are Crypto Gains Taxed
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Cryptocurrencies are often viewed as investments, […]
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How To Calculate Crypto Taxes
Cryptocurrencies are becoming more and more popular every day, and with their popularity comes more and more questions about how they should be taxed. The good news is that there are a lot of resources available to help taxpayers figure out how to report their crypto transactions. The bad news is that the process can […]
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