Bitcoin$85,569.45BTC▲ 0.38%
Ethereum$2,697.69ETH▲ 0.21%
Solana$120.41SOL▲ 0.89%
XRP$1.50XRP▲ 0.44%
BNB$782.43BNB▼ 0.68%
Dogecoin$0.0950DOGE▲ 0.65%
Toncoin$1.54TON▲ 2.46%
Cardano$0.2722ADA▲ 3.18%
Sui$1.19SUI▲ 0.09%
Avalanche$11.42AVAX▲ 4.69%
Chainlink$13.88LINK▲ 0.46%
TRON$0.3362TRX▼ 0.09%
Polkadot$1.20DOT▲ 0.25%
NEAR$5.09NEAR▲ 1.51%
Litecoin$69.54LTC▼ 1.52%
Arbitrum$0.2005ARB▼ 1.52%
Optimism$0.1319OP▼ 1.86%
Uniswap$8.63UNI▼ 3.04%
Pepe$0.00000428PEPE▼ 2.51%
Shiba Inu$0.00000582SHIB▼ 0.85%Bitcoin$85,569.45BTC▲ 0.38%Ethereum$2,697.69ETH▲ 0.21%Solana$120.41SOL▲ 0.89%XRP$1.50XRP▲ 0.44%BNB$782.43BNB▼ 0.68%Dogecoin$0.0950DOGE▲ 0.65%Toncoin$1.54TON▲ 2.46%Cardano$0.2722ADA▲ 3.18%Sui$1.19SUI▲ 0.09%Avalanche$11.42AVAX▲ 4.69%Chainlink$13.88LINK▲ 0.46%TRON$0.3362TRX▼ 0.09%Polkadot$1.20DOT▲ 0.25%NEAR$5.09NEAR▲ 1.51%Litecoin$69.54LTC▼ 1.52%Arbitrum$0.2005ARB▼ 1.52%Optimism$0.1319OP▼ 1.86%Uniswap$8.63UNI▼ 3.04%Pepe$0.00000428PEPE▼ 2.51%Shiba Inu$0.00000582SHIB▼ 0.85%60 stories
Minnesota law bans cryptocurrency kiosks statewide, and the Department of Commerce enforces the rule; online exchanges and apps are not covered.
By Vahe HakobyanRead
Taking a crypto-backed loan is not taxable income, but the IRS taxes liquidation, crypto repayment and lending interest on your federal return for most people.
By Vahe HakobyanRead
You may need a cryptocurrency lawyer for an IRS audit, an SEC or CFTC subpoena, or a fraud claim. Routine buying and holding usually does not require one.
By Vahe HakobyanRead
Check No if you only bought or held crypto. Check Yes if you sold, swapped, spent, or earned it. It covers the year's activity, not what you still hold.
By Vahe HakobyanRead
Most states with an income tax apply it to crypto gains, but some states have no income tax. Report the gain in the year you sell, swap or spend.
By Vahe HakobyanRead
Selling coins below what you paid makes the loss real, so it can offset gains and a limited amount of ordinary income, once you keep cost basis records.
By Vahe HakobyanRead
US courts can treat cryptocurrency as marital property in a divorce. State law decides what is marital, and the IRS taxes later sales as property.
By Vahe HakobyanRead
A cryptocurrency mixer pools and shuffles coins to hide the sender. Using one is not automatically illegal; OFAC's list decides which mixers are barred.
By Vahe HakobyanRead
A cryptocurrency loss tax deduction follows a sale, swap or spend at a loss. A price drop while you hold does not count; report disposals on your return.
By Vahe HakobyanRead
An IRS virtual currency letter says the agency has information about your crypto, names tax years and a deadline, and asks you to file or correct a return.
By Vahe HakobyanRead
The crypto travel rule requires exchanges to share sender and recipient details on transfers. US providers follow FinCEN rules, which can add checks.
By Vahe HakobyanRead
A cryptocurrency CPA is a licensed accountant who knows digital-asset taxes. Check the state license, ask about DeFi and staking, and share records safely.
By Vahe HakobyanRead
The wash sale rule does not apply to cryptocurrency for US federal income tax. The IRS treats crypto as property, so a loss sale goes on Schedule D.
By Vahe HakobyanRead
In the US, the IRS taxes mining rewards as ordinary income at fair market value when received, and a mining business usually owes self-employment tax.
By Vahe HakobyanRead
Correct an incomplete crypto exchange report with your own records before you file. The IRS asks about digital assets on Form 1040 or Form 1040-SR.
By Vahe HakobyanRead
US crypto exchanges request identity documents because FinCEN anti-money laundering rules require customer verification to open an account or move money.
By Vahe HakobyanRead
Crypto is taxable in the US when you sell, swap, spend or earn it; buying and holding is not taxable, because the IRS treats it as property.
By Vahe HakobyanRead
Report lost or stolen crypto to the exchange, police, the FTC and the FBI's IC3. A blockchain transfer stays final, so reports build a record, not a refund.
By Vahe HakobyanRead
Skipping crypto on your taxes can bring IRS penalties, interest and an audit. A willful failure to report can lead to criminal tax evasion charges.
By Vahe HakobyanRead
The IRS does not offer a crypto tax calculator for USA taxpayers. Report gains on Schedule D and answer the digital assets question on Form 1040.
By Vahe HakobyanRead
Minnesota law bans cryptocurrency kiosks statewide, and the Department of Commerce enforces the rule; online exchanges and apps are not covered.
By Vahe Hakobyan
Taking a crypto-backed loan is not taxable income, but the IRS taxes liquidation, crypto repayment and lending interest on your federal return for most people.
By Vahe Hakobyan
You may need a cryptocurrency lawyer for an IRS audit, an SEC or CFTC subpoena, or a fraud claim. Routine buying and holding usually does not require one.
By Vahe Hakobyan
Check No if you only bought or held crypto. Check Yes if you sold, swapped, spent, or earned it. It covers the year's activity, not what you still hold.
By Vahe Hakobyan
Most states with an income tax apply it to crypto gains, but some states have no income tax. Report the gain in the year you sell, swap or spend.
By Vahe Hakobyan
Selling coins below what you paid makes the loss real, so it can offset gains and a limited amount of ordinary income, once you keep cost basis records.
By Vahe Hakobyan
US courts can treat cryptocurrency as marital property in a divorce. State law decides what is marital, and the IRS taxes later sales as property.
By Vahe Hakobyan
A cryptocurrency mixer pools and shuffles coins to hide the sender. Using one is not automatically illegal; OFAC's list decides which mixers are barred.
By Vahe Hakobyan
A cryptocurrency loss tax deduction follows a sale, swap or spend at a loss. A price drop while you hold does not count; report disposals on your return.
By Vahe Hakobyan
An IRS virtual currency letter says the agency has information about your crypto, names tax years and a deadline, and asks you to file or correct a return.
By Vahe Hakobyan
The crypto travel rule requires exchanges to share sender and recipient details on transfers. US providers follow FinCEN rules, which can add checks.
By Vahe Hakobyan
A cryptocurrency CPA is a licensed accountant who knows digital-asset taxes. Check the state license, ask about DeFi and staking, and share records safely.
By Vahe Hakobyan
The wash sale rule does not apply to cryptocurrency for US federal income tax. The IRS treats crypto as property, so a loss sale goes on Schedule D.
By Vahe Hakobyan
In the US, the IRS taxes mining rewards as ordinary income at fair market value when received, and a mining business usually owes self-employment tax.
By Vahe Hakobyan
Correct an incomplete crypto exchange report with your own records before you file. The IRS asks about digital assets on Form 1040 or Form 1040-SR.
By Vahe Hakobyan
US crypto exchanges request identity documents because FinCEN anti-money laundering rules require customer verification to open an account or move money.
By Vahe Hakobyan
Crypto is taxable in the US when you sell, swap, spend or earn it; buying and holding is not taxable, because the IRS treats it as property.
By Vahe Hakobyan
Report lost or stolen crypto to the exchange, police, the FTC and the FBI's IC3. A blockchain transfer stays final, so reports build a record, not a refund.
By Vahe Hakobyan
Skipping crypto on your taxes can bring IRS penalties, interest and an audit. A willful failure to report can lead to criminal tax evasion charges.
By Vahe Hakobyan
The IRS does not offer a crypto tax calculator for USA taxpayers. Report gains on Schedule D and answer the digital assets question on Form 1040.
By Vahe Hakobyan
