The last quarter of 2020 saw unprecedented, record breaking crypto price appreciation and trading: The overall crypto market cap increased by almost 300% Bitcoin shattered records and many other crypto assets climbed to all-time highs Read more…
Crypto Tax – A Big Deal to the IRS Tax professionals that have been on the fence on whether to take the plunge into crypto tax and learn how cryptocurrency works need to look no Read more…
In response to several calls from congress for clarity around key crypto tax issues, the IRS released Revenue Ruling 2019-24 in October of 2019, which deals with two uniquely crypto events: airdrops and hard forks. Read more…