Tag Archives: bitcoin
Crypto Crash; Investors May Need to Act Fast to Reduce Tax Bill
It has been a bad week for cryptocurrencies following the collapse of the offshore exchange FTX. The recent decline in bitcoin in 2022 must-have caused many crypto investors to give up on digital assets, at least for the time being. … Continue reading
New Crypto Law Could land regular investors in jail
Cryptocurrency as a whole lately, has taken a massive hit in recent months. This is bad news for most crypto investors, but shortly, some could be in way worse shape than originally thought. A lesser-known law was passed last November … Continue reading
Majority of Cryptocurrency Investors have not Filed Taxes
By the end of March, only 3% of cryptocurrency investors had their taxes filed. As a benchmark, overall, Americans have filed roughly 40% of individual returns that are expected to be received this tax year. The report is coming directly … Continue reading