With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...
Last year was ugly for cryptocurrencies. Even before the demise of the FTX and other cryptocurrency exchanges that have since declared bankruptcy, crypto was stressed. For many investors, the FTX ...
Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...
Taxes are complicated. Taxes involving crypto, at times, can be even more so. The Internal Revenue Service since 2014 has viewed crypto as property, so profits made from selling tokens are subject to ...
Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Tax returns get complex when you have various types of compensation ...