As cryptocurrency continues to find a foothold in the way we perceive money, donations have been gaining popularity alongside wider digital asset adoption. A key feature of censorship-proof money is the ability to support causes that we believe in without restrictions. Cryptoc...

DeFi, or decentralized finance, is an exciting development made possible only by cryptocurrencies and decentralized economies. Providing an alternative to traditional financial institutions, De-Fi enables users to engage in financial activities such as trading, borrowing, and...

Virtual currency, also known as cryptocurrency, has become increasingly popular in recent years, spurred by the excitement of being able to participate in a decentralized economy that exists outside the control of governments and financial institutions. As a result, the Intern...

NFT Tax-Loss Harvesting has become an increasingly popular tax strategy used by investors who invest in Non-fungible tokens or NFTs. These unique digital assets are stored on a blockchain, which makes them easy to transfer and trade. Yet, like with any investment, it's importa...

Capital gains tax are taxes applied on earnings generated by the sale of all tradeable assets. In the United States, taxpayers must disclose capital profits on their tax filings to the Internal Revenue Service (IRS). The cryptocurrency market has grown rapidly thanks to attent...

Crypto taxation can be complicated, but reporting your crypto taxes to the IRS is an important task that should be considered. This blog post will cover the dos and don'ts of reporting cryptocurrency taxes and provide tips for avoiding common mistakes. Dos for Reporting Crypto...

As cryptocurrency gains popularity, the need for a secure and reliable crypto wallet is becoming increasingly important. Wallets are a vital part of participation in the cryptocurrency ecosystem, and choosing the right wallet is a huge decision you will need to make early on....

As more investors enter the world of cryptocurrencies, staying on top of tax obligations is essential. The IRS has been cracking down on crypto tax evasion, and investors who fail to report their crypto transactions accurately could face hefty penalties. That's where a crypto...

Cryptocurrency investment is increasingly being seen as an unmissable asset class and gaining legitimacy. With this increased popularity comes the need to report gains and losses for tax purposes. One crucial aspect of reporting these gains and losses is the IRS Form 8949. Thi...

Managing your crypto portfolio can be daunting if you are a cryptocurrency investor in the United States. With government regulations being implemented across the cryptocurrency space, maintaining a keen insight on your profits and losses is of increasing importance. While the...

Looking for the best crypto tracking app to help manage your cryptocurrency investments and calculate your taxes? With tax season approaching, cut through the clutter and automate all your stay in the good books of the IRS and remain compliant with U.S. regulations. Criteria f...

Cryptocurrency tax compliance has become an essential part of digital asset trading. As the popularity of cryptocurrencies has grown, the IRS has increased its efforts in monitoring crypto transactions. Crypto investors are now included among the wider pool of market participa...