2023-3-10 08:26 |
U.S. President Joe Biden's proposed budget will include a provision to close tax loss harvesting on crypto transactions. origin »
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Unsellable buys NFTs that no one else will buy so the previous owner can use them for tax loss harvesting purposes. The post NFT Investors Heap Into Unsellable to Offset Tax Losses appeared first on BeInCrypto.
2023-1-2 16:38 | |
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People are assessed for tax individually in the US, making every case unique. However, the process of tax-loss harvesting applies to most people who hold moderate amounts of crypto and pay tax. Disclaimer: This is not tax advice, nor am I a tax lawyer, but tax-loss harvesting is certainly worth considering.
2022-8-15 02:07 | |
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Users venturing into the crypto world often find it tiresome to figure out the taxes to be paid on their crypto income. Calculating and filing taxes can be quite complex, especially if users have madeThe post Simplify crypto tax loss harvesting with Koinly appeared first on AMBCrypto.
2022-7-17 09:15 | |
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Tax-loss harvesting allows you to claim capital losses by recognising and selling your assets at a loss. These capital losses may also be carried forward against...
2022-6-30 20:30 | |
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“If you've made a sale during the tax year, and you've sold at a loss, there's basically a benefit there,” says Koinly’s head of tax.
2022-6-17 03:23 | |
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People are assessed for tax individually in the US, making every case unique. However, the process of tax-loss harvesting applies to most people who hold moderate amounts of crypto and pay tax. Disclaimer: This is not tax advice, nor am I a tax lawyer, but tax-loss harvesting is certainly worth considering.
2021-11-17 14:44 | |
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Forbes recently estimated that approximately $25 million in taxes is owed by Americans that in one way or another used cryptocurrency in 2017. During this period, cryptocurrencies such as Bitcoin.
2019-8-21 15:31 | |
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Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.
2019-3-29 18:20 | |
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The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.
The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned ten people and two entities connected to "conducting malicious cyber acts, including ransomware activity," it announced today.
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash. The post US Treasury Department Sanctions Crypto Mixing Service Tornado Cash appeared first on BeInCrypto.
Kraken is under investigation by the United States Treasury’s Office of Foreign Assets Control for violating sanctions. The post Kraken Crypto Exchange Under Investigation for Alleged Sanctions Violations appeared first on BeInCrypto.
Key U.S. Lawmakers delay bipartisan bill to mitigate stablecoin risks to at least Sep. 2022. The post Bipartisan Stablecoin Bill to Be Delayed Until September 2022 appeared first on BeInCrypto.