With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...
Learn about the U.S. tax implications for call and put options, including short-term and long-term gains, exercising options, ...
Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX scandal capped a disastrous 2022 that ...
The Internal Revenue Service offered advice to taxpayers and preparers about a new form they will need to use to report most capital gains and losses from transactions relating to investment property.
Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...
These products and positions all raise tax implications that too often go unconsidered. Purchasing an NFT with bitcoin? Taxable. Trading your dogecoin for ethereum? Taxable. Using your staking income ...