If you’re a crypto investor, it’s important to know that you’re also responsible for reporting your crypto transactions on your taxes. Failing to do so can result in hefty fines and penalties. The IRS treats crypto investments and transactions the same as any other investment or transaction. This means you’re required to report any profits […]
Do You Pay Taxes When Selling Bitcoin
When it comes to taxes, there are a lot of questions about Bitcoin and other digital currencies. One question that frequently comes up is whether or not you have to pay taxes when you sell Bitcoin. The answer to this question is complicated, and depends on a variety of factors. In this article, we’ll take […]
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