July 11, 2023 • 4 mins read
What is a Crypto ICO and How is it Taxed?
According to a report by PwC, the total funds raised through Initial Coin Offerings (ICOs) globally in 2021 amounted to $9.5 billion. As the popularity of cryptocurrencies continues to grow, so does the interest in ICOs as a fundraising method for startups and other ventures. However, many people are unaware of the tax implications associated… Continue reading What is a Crypto ICO and How is it Taxed?
Gas fees are how validators get paid to do work on a PoS blockchain like Ethereum. You, as a user, are liable to pay them. But are they taxed? As you probably already know, there is no such thing as a ‘free transaction’ in the crypto space. Every time you move a token from one… Continue reading What is Ethereum Gas Fees & How Are They Taxed?
The rise of cryptocurrencies has been nothing short of a global revolution, disrupting traditional financial systems and captivating the attention of millions around the world. Millions of people are investing in digital assets like Bitcoin, Ethereum, and Litecoin. While these investments can offer significant returns, they also come with complex tax implications that can be… Continue reading How To File Your Crypto Taxes When You Can’t Find a Crypto Accountant?