Capital Gains Tax Havens for Cryptocurrency

Capital gains tax can wipe out potential profits for crypto-investors. However, there are certain places where capital gains from crypto-trading can be greatly reduced or even completely avoided.
Cryptocurrency Taxes

Cryptocurrency Taxes: The Dangers of Not Filing

The IRS is cracking down on crypto users after only a fraction of crypto owners reported on their taxes the last few years. This means that it is important for you...
Pay Taxes Using Cryptocurrency

Ohio Will Allow You to Pay Taxes Using Cryptocurrency

The Ohio State Treasurer wants to allow its residents to pay their taxes using cryptocurrencies. Ohio’s move arose because the state wants to simplify the process of paying taxes....

Cryptocurrency Crash Might Equal Savings On Your Tax Bill

After Bitcoin almost reached $20,000 per coin at the end of 2017, many hoped for a similar bull run as 2018 comes to an end. Unfortunately, it seems like there may...
Cryptocurrency Tax

Implications of Cryptocurrency Tax on Trade, Mining and Exchange

The cryptocurrency tax is on the Internal Revenue Service’s (IRS) radar now more than ever. The ballooning cryptocurrency market is the main reason leading to this attention. Importantly though, the recognition...

Crypto Tax – What You Need to Know

For many of us, the cryptocurrency market has been a rollercoaster of emotions. You may have started with a small investment, but are now sitting on a healthy profit. Regardless of...

How Active Crypto Traders Can Save on US Taxes

US Traders Can Save On Their Crypto Taxes With A Few Smart Strategies In 2017, we saw an 1800%+ increase in the price of a single Bitcoin, with the coin reaching an...

Think you don’t need to worry about paying taxes on crypto? Think again.

No matter what you may think, the IRS knows about your trading and expects you to pay tax on earnings or face hefty penalties. By Ian Hafkenschiel April 17, 2018 Today, GetCryptoTax announced the...

Reduce your Taxes by Donating Bitcoin to Charity

Did you know that you can generate a tax deduction for the market value of your Bitcoin if you donate it to a charitable organization? It is considered a charitable contribution...

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