Navigating the Complexities of Draft Form 1099-DA
As the IRS prepares to launch the new Form 1099-DA (available in DRAFT form now) for reporting digital asset transactions in 2025, it is […]
Losses from “Substantial Decline in Value” of Crypto Assets aren’t Deductible
By: Phil Gaudiano, CPA Crypto investors know 2022 was a banner year for failures and frauds in the crypto space. In our […]
Infrastructure Bill passes — What it means for crypto investors
By: Phil Gaudiano, CPA Late Friday, the House passed the Infrastructure Investment and Jobs Act (download here). Tucked into the over 1,000 pages […]
How to Report Robinhood Crypto Transactions
By: Sharon Yip, CPA Robinhood provides a crypto trading platform, similar to crypto exchanges such as Coinbase, Gemini, Bittrex etc. One big […]
Gifting Cryptocurrency
By: Sharon Yip, CPA Gifting cryptocurrency to friends and family is quite common amongst crypto users, especially during a bull market like […]
Digital Assets and Consensus Mechanism Changes – A Tax Perspective
By: Phil Gaudiano, CPA As the world of digital assets continues to evolve, many investors and users of cryptocurrencies find themselves navigating […]
Crypto Asset Inheritance Plan
By: Sharon Yip, CPA For crypto investors who want to pass their crypto assets to the next generation, there are some unique […]
Can You Avoid Paying Your Crypto Taxes Legally?
By: Sharon Yip, CPA Many people wonder how the rich can get away without paying their taxes, legally speaking of course. But […]