Trader Tax Status for Cryptocurrency
Volatility in the crypto market is nothing new. From the bull run of late 2017 and subsequent crash of early 18, to the rollercoas…
5 Ways a Tax Professional Makes Your Crypto Reporting a Breeze
Even with the best coin tracking tools, sometimes you simply don’t have the time to build an accurate cryptocurrency report for y…
Updates on IRS Fair Market Value and Specific Identification
The IRS opened e-filing for US taxpayers on January 27, 2020, and you can now use a number of free and paid online services to fil…
IRS Issues New Cryptocurrency Tax FAQ
The IRS has issued their long-awaited guidance on the tax treatment for cryptocurrencies. You can read their FAQ On Virtual Curren…
Taxpayers Receiving IRS CP2000 Notice
The most recent IRS letter being sent out to cryptocurrency users, the CP2000 notice, is much more specific and informs the recipi…