Tag: Unreported Crypto

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Stylized image representing the legal battle between Kraken Exchange and the IRS. The top half of the image shows an octopus with an orange-toned overlay. The bottom half of the image shows a magnifying glass over financial documents with a dark blue overlay. On top of the image, large text reads "Kraken vs IRS."
Prepare for Audits: Kraken Will Send Data on 42,000 Users to the IRS
The IRS is turning its sights on popular cryptocurrency exchange Kraken in its efforts to enforce ta [...]
Image of a hand holding a physical Bitcoin. A computer in the background shows cryptocurrency price history on a chart. Overlaid on this image is a stylized version of IRS Form 8949.
How Is Crypto Taxed? (2023) IRS Rules and How to File
Wondering how crypto taxes work and how to report cryptocurrency on your taxes? Our experienced cryp [...]
Stylized image representing Coinbase taxes. The background shows a messy stack of IRS tax forms. The foreground depicts a Coinbase trading portfolio.
Coinbase Taxes 101: How to Report Coinbase on Your Taxes
Discover how to report Coinbase taxes easily with this simple guide! Written by experienced crypto t [...]
Image depicting a simple declining price chart. The shadow of a bear looms over the chart, representing a bear market. A red tone over the image conveys a sense of alarm.
Reporting Crypto Losses on Taxes: 5 Things You Need to Know
Are you wondering how to report crypto losses on your taxes--or whether you need to report at all? E [...]
Binance US Taxes Explained
Binance US Taxes Explained
If you’re struggling to file your Binance US taxes, rest assured that you’re not alone. [...]
2023 Complete DeFi Tax Guide
Complete DeFi Tax Guide 2023
https://youtu.be/f6WRye57vRg The world of Decentralized Finance, or DeFi, has exploded recently, off [...]
Crypto Tax Software Problems
Top 5 Problems with Crypto Tax Software
Are you getting error messages in your cryptocurrency tax software? Do the numbers seem way off? Don [...]
How To Navigate Celsius & FTX Losses
How To Navigate Celsius & FTX Tax Losses
The recent bankruptcy of several cryptocurrency platforms, including Celsius and FTX, has raised que [...]
Are Cryptocurrencies Foreign Assets Subject to FATCA and FBAR?
People often ask: Do Bitcoin and other digital tokens qualify as foreign assets under U.S. law? Answ [...]