The IRS estimates that less than 0.04% of taxpayers properly reported their cryptocurrency transactions in recent years. That’s a staggering compliance gap that puts millions at risk. I’ve been navigating the maze of crypto losses and taxes since 2018. The landscape has shifted dramatically. Here’s what I’ve learned through trial and error. The 2026 tax … Read more
Fartcoin has skyrocketed 259% in just one month, outshining traditional market performers. This meme coin is making waves in the crypto world, catching Solana blockchain traders’ eyes. The Solana-based Fartcoin presale is attracting traders seeking meme coin opportunities. Its explosive growth and unique market position make it an exciting prospect for risk-takers. Crypto fans are … Read more
Trading one cryptocurrency for another is a taxable event1. You must track gains and losses for each trade accurately. Bitcoin Depot ATMs across the U.S. make buying Bitcoin easy. But remember, this is also a taxable event1. The IRS sees cryptocurrencies as property, making tax compliance vital. Whether buying, selling, or mining, knowing IRS rules … Read more
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