When it comes to paying taxes on crypto, there is a lot of confusion and misinformation out there. Many people are under the impression that they don’t have to pay taxes on their crypto holdings, but this is not the case. In fact, if you don’t report your crypto holdings to the IRS, you could […]
How Is Crypto Taxed In The Us
Cryptocurrencies are taxable in the United States, and the way they are taxed depends on how they are used. For example, if you use cryptocurrency to purchase goods or services, the IRS considers it to be a form of currency and taxes it as such. However, if you hold cryptocurrency as an investment, the IRS […]
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