Looking for Crypto Tax Professional? Read This First
Filing taxes can be a painful task. Many people consider it a chore. It can be confusing, exhausting, and potentially a waste of time. Waste of time because you can put that time into other things that you understand better and are good at, which are also more important....
What is Metaverse & Web3 & How it Will Affect Crypto?
If you haven’t been living under a rock, you’ve probably heard or seen the term “Metaverse” and “Web 3.0” explode into the media and get tossed around in every mainstream news article, every Twitter post and every meme, the last few months. But what is it all about? More...
Crypto Taxes in Spain: In-Depth Guide
Crypto taxes in Spain is pretty similar to the standard cryptocurrency taxation practice in most countries – You pay savings income taxes on capital gains and general income taxes on crypto you receive as income or mining rewards. But there’s more to it than just that. Crypto taxes in...
How to Report Lost or Stolen Crypto?
In 2019, over $4.9 billion worth of cryptocurrencies fell prey to crimes like theft and hacks. Over 20% of all Bitcoins are lost and forever gone. Over $9 million worth of crypto scams take place every day. What do these stats tell us? It tells us that lost and...
10 Best Liquidity Pools
In the last few years, DeFi has become a trending phenomenon in the crypto space, and if you know anything about DeFi, you’d know that liquidity pools are an integral part of it. Hence, increasingly more people are searching for the best liquidity pools today. On the surface, most...
How to Make Money with Trust Wallet in 2022
You can do much more than just storing or transferring your crypto funds on Trust Wallet. In particular, you can make money with it, and that’s what we’ll talk about today – how to make money with Trust Wallet. Trust Wallet is primarily a wallet for Ethereum-based tokens. But...
Crypto Gift Taxes: A Definitive Guide
How do crypto gift taxes work? There are no taxes on gifting crypto if you live in the US, Germany or France. But the same can not be said for other countries. While it’s totally true that people might gift each other crypto just for the sake of it,...
Crypto Taxes in India: The Complete Tax Guide
This is how crypto taxes in India works – 30% tax on income earned from the transfer of any digital assets or cryptocurrency. Plus, 1% TDS. While presenting the Union Budget of 2022, Finance Minister Nirmala Sitharaman announced the new crypto tax laws. The announcement was followed by harsh...
How Crypto Donations Can Save you More Taxes?
According to a study by Fidelity, nearly half (45%) of all cryptocurrency investors donated $1000 or more to charities. It’s huge compared to the total investor population donating to charities, only 33%. We don’t know why crypto investors are more inclined towards charities than the overall investor population. Maybe...
7 Tax-Saving Strategies to Reduce Crypto Taxes
Taxes, especially crypto taxes, can be a real headache. That’s why most people like not to think about taxes until tax season comes around. However, seasoned crypto investors know that creating a year-round tax-saving strategy is crucial to reduce taxes as much as possible. Otherwise, you could be losing...