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Understanding the New IRS 1099-DA for Digital Asset Reporting

The Internal Revenue Service (IRS) has recently unveiled the first draft of the 1099-DA form, tailored specifically for digital asset transactions. This development is...

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Tax season: Regulations unclear, experts advise early prep for taxes on crypto, NFT

While the interest in crypto markets skyrocketed, the NFT craze also saw a massive surge through the last year. However, it’s now time for the taxmen to check for tax liabilities from profits in these investments. IRS prepares for crackdown Bloomberg noted in its recent report that the NFT market worth an estimated $44 billion, […]

How to Calculate Your DeFi, NFT, and Airdrop Taxes for 2022

Key Takeaways Tax season is approaching. Crypto investors may be liable for income tax and capital gains tax based on their activity. Capital...

How to Get Paid (or Pay Salaries) in Cryptocurrency

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The post How to Get Paid (or Pay Salaries) in Cryptocurrency appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As cryptocurrencies become ever more popular, there is a rising demand for the ability to pay with, and get paid in, digital currency. People often wonder how one gets paid in cryptocurrency and how one uses cryptocurrency in payroll. This is not surprising, considering the benefits that come with crypto payments and payroll. Thankfully, several …

Cryptocurrency and Taxes: What You Need to Know

We review products independently, but we may earn affiliate commissions from buying links on this page. Terms of use. Cryptocurrency is...

TokenTax Joins BlockFolio In Crypto Tax Services

As the world slowly starts to accept the crypto industry as something that will stay in the long run, many things and questions...

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