BTC
$90,198.82
+
3.47%ETH
$1,642.15
+
1.61%USDT
$1.0002
+
0.02%XRP
$2.1289
+
0.70%BNB
$606.98
+
0.94%SOL
$143.16
+
4.03%USDC
$0.9999
-
0.00%DOGE
$0.1679
+
4.72%ADA
$0.6486
+
1.17%TRX
$0.2454
+
1.32%LINK
$13.60
+
1.57%AVAX
$20.60
+
1.26%LEO
$8.9293
-
0.90%XLM
$0.2535
-
1.29%SUI
$2.3678
+
6.41%SHIB
$0.0₄1292
+
2.92%HBAR
$0.1749
+
3.17%TON
$2.9403
-
2.05%BCH
$351.50
+
4.36%HYPE
$18.73
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4.19%Sign Up
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Miles Fuller
Latest from Miles Fuller
The Tax Implications of Sam Bankman-Fried’s Conviction
The end of the trial provides some clarity for FTX customers as to how the company’s bankruptcy might affect their taxes. But how the IRS might act in the context of illegal activity is unclear.
Understanding the Tax Implications of NFTs, Staking and Yield Farming
Individuals and institutions should carefully consider their tax obligations and, in the absence of official guidance, consult tax professionals or take the most conservative approach to avoid costly future audits.
FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto
For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion. This post is part of Tax Week.
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