Crypto and Taxes: What You Should Know

Crypto and Taxes: What You Should Know

Crypto and Taxes: What You Should Know The IRS considers cryptocurrency to be property. This means that cryptocurrency income and capital gains are taxable, while cryptocurrency losses may be tax deductible. Crypto sales, conversions, payments, and income must be...
Safe Ways to Store Cryptocurrency

Safe Ways to Store Cryptocurrency

Safe Ways to Store Cryptocurrency Investing in Cryptocurrency has gained in popularity in recent years. The importance of safeguarding these assets has grown in tandem with the value of cryptocurrencies. It is critical to take the required steps to avoid losing your...
What Can You Buy With Cryptocurrency? 

What Can You Buy With Cryptocurrency? 

What Can You Buy With Cryptocurrency?    Bitcoin has developed as a store of value over the past ten years and has undergone updates to enhance its transaction processing capabilities. Many companies now accept Bitcoin (BTC) as a form of payment, offline and...
Cryptocurrency Taxes in 2023

Cryptocurrency Taxes in 2023

Cryptocurrency Taxes in 2023 Income generated from crypto is getting plenty of attention from the IRS in 2023. The crypto tax rules remain somewhat complicated. The IRS states that crypto may be subject to income or capital gains taxes, depending on how you use it. If...
Cryptocurrency laws and regulations

Cryptocurrency laws and regulations

Cryptocurrency laws and regulations Although crypto assets have been around for more than ten years, efforts to regulate them have only recently risen to the top of the policy agenda. This is partial because cryptocurrency assets have only recently transitioned from...
Cryptocurrency and charitable giving

Cryptocurrency and charitable giving

Cryptocurrency and charitable giving Because of the popularity of cryptocurrency, some of the world’s largest nonprofit charitable organizations, ranging from the Red Cross to the Rainforest Foundation, have begun accepting cryptocurrency donations. Like other...
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