Cryptocurrency Tax Implications: What You Need to Know

cryptocurrency tax implications

Did you know that just about 1.62 percent of U.S. crypto owners told the IRS about their crypto in 20221? With more than $2.4 trillion in assets and 16,000 kinds of cryptocurrencies, the tax stakes are high2. Since the IRS sees cryptocurrencies as property, buying, selling, or using them can lead to taxes2. It’s important … Read more

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