Cryptocurrency tax preparation: what the IRS requires
The IRS treats crypto as property, so taxable events must be reported. Gains go on Schedule D, and crypto income is ordinary income on Form 1040.
By Vahe HakobyanRead
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The IRS treats crypto as property, so taxable events must be reported. Gains go on Schedule D, and crypto income is ordinary income on Form 1040.
By Vahe HakobyanRead
A crypto payment button adds a crypto checkout to your site: customers scan a QR code and send coins. Confirmed payments are final, so refunds are the fix.
By Vahe HakobyanRead
Cryptocurrency first became popular around 2013, then went mainstream in 2017 and 2021. Search interest and media coverage show the waves.
By Vahe HakobyanRead
You can buy TRX on some US-licensed exchanges, but not every major app lists it. You verify your identity, fund the account, and place an order.
By Vahe HakobyanRead
Bitcoin Cash is a peer-to-peer payment coin forked from Bitcoin in 2017. It runs its own proof-of-work network and is taxed as property in the US.
By Vahe HakobyanRead
Crypto prices come from supply and demand on exchanges, not earnings. Market cap, volume and token supply rules help you judge a coin.
By Vahe HakobyanRead
Earning crypto carries no promise of profit: routes include staking, lending, mining, airdrops, and paid work. Check state licenses and keep tax records.
By Vahe HakobyanRead
A self-directed IRA may hold cryptocurrency if its custodian permits it. The IRS treats it as property for tax purposes.
By Vahe HakobyanRead
There is no single newest cryptocurrency because new tokens launch constantly. Check a token's launch date, contract, liquidity, and holders first.
By Vahe HakobyanRead
Cryptocurrency risk management means limiting losses from hacks, scams, volatility and mistakes by controlling keys and checking platforms carefully.
By Vahe HakobyanRead
A cryptocurrency custody service holds your crypto and its private keys, so you own a legal claim, not the keys. It is not FDIC or SIPC insured.
By Vahe HakobyanRead
No single cold wallet is best. Compare offline key storage, coin support, and recovery, then verify packaging and firmware and keep your phrase offline.
By Vahe HakobyanRead
Yes, cryptocurrency is legal in the US, but federal and state rules govern buying, selling, swapping, and earning it. The IRS treats it as property.
By Vahe HakobyanRead
Crypto prices move on supply, demand, and trader sentiment, often after Fed news, regulation, or ETF decisions. Halvings cut new bitcoin supply.
By Vahe HakobyanRead
US tax law treats cryptocurrency as property, so capital gains tax applies when you sell, trade or spend it. Buying and holding is not taxable.
By Vahe HakobyanRead
Most US stores do not take cryptocurrency directly; you usually pay with a crypto debit card or wallet app that converts your balance to dollars.
By Vahe HakobyanRead
KYC is the identity check US crypto exchanges must run under anti-money-laundering law. You show ID before trading; self-custody wallets usually stay outside.
By Vahe HakobyanRead
No single hardware wallet is best; compare coin support, backup, security, and usability before buying. Check the maker's current list and buy direct.
By Vahe HakobyanRead
No single person, company or government owns Bitcoin or most public cryptocurrency networks. Control depends on private keys, not names on the ledger.
By Vahe HakobyanRead
No single cryptocurrency is best to mine; your hardware and electricity costs decide. Algorithm, block reward, and network difficulty shape your results.
By Vahe HakobyanRead
The IRS treats crypto as property, so taxable events must be reported. Gains go on Schedule D, and crypto income is ordinary income on Form 1040.
A crypto payment button adds a crypto checkout to your site: customers scan a QR code and send coins. Confirmed payments are final, so refunds are the fix.
Cryptocurrency first became popular around 2013, then went mainstream in 2017 and 2021. Search interest and media coverage show the waves.
You can buy TRX on some US-licensed exchanges, but not every major app lists it. You verify your identity, fund the account, and place an order.
Bitcoin Cash is a peer-to-peer payment coin forked from Bitcoin in 2017. It runs its own proof-of-work network and is taxed as property in the US.
Crypto prices come from supply and demand on exchanges, not earnings. Market cap, volume and token supply rules help you judge a coin.
Earning crypto carries no promise of profit: routes include staking, lending, mining, airdrops, and paid work. Check state licenses and keep tax records.
A self-directed IRA may hold cryptocurrency if its custodian permits it. The IRS treats it as property for tax purposes.
There is no single newest cryptocurrency because new tokens launch constantly. Check a token's launch date, contract, liquidity, and holders first.
Cryptocurrency risk management means limiting losses from hacks, scams, volatility and mistakes by controlling keys and checking platforms carefully.
A cryptocurrency custody service holds your crypto and its private keys, so you own a legal claim, not the keys. It is not FDIC or SIPC insured.
No single cold wallet is best. Compare offline key storage, coin support, and recovery, then verify packaging and firmware and keep your phrase offline.
Yes, cryptocurrency is legal in the US, but federal and state rules govern buying, selling, swapping, and earning it. The IRS treats it as property.
Crypto prices move on supply, demand, and trader sentiment, often after Fed news, regulation, or ETF decisions. Halvings cut new bitcoin supply.
US tax law treats cryptocurrency as property, so capital gains tax applies when you sell, trade or spend it. Buying and holding is not taxable.
Most US stores do not take cryptocurrency directly; you usually pay with a crypto debit card or wallet app that converts your balance to dollars.
KYC is the identity check US crypto exchanges must run under anti-money-laundering law. You show ID before trading; self-custody wallets usually stay outside.
No single hardware wallet is best; compare coin support, backup, security, and usability before buying. Check the maker's current list and buy direct.
No single person, company or government owns Bitcoin or most public cryptocurrency networks. Control depends on private keys, not names on the ledger.
No single cryptocurrency is best to mine; your hardware and electricity costs decide. Algorithm, block reward, and network difficulty shape your results.