Tax Week Nov 2022

Making sense of your crypto taxes. Presented by Koinly.

Tax Week Nov 2022

Opinion

Use Your Crypto Losses to Turn the Tables Against the IRS

If you’re a high earner or someone who lives in a high-tax state, you should look into tax-loss harvesting. You may be able to save up to 50% on your capital gains tax bill.

(Tyler Franta/Unsplash, modified by CoinDesk)

Opinion

Understanding the Tax Implications of NFTs, Staking and Yield Farming

Individuals and institutions should carefully consider their tax obligations and, in the absence of official guidance, consult tax professionals or take the most conservative approach to avoid costly future audits.

(Kelly Sikkema/Unsplash, modified by CoinDesk)

Opinion

Common Tax and Compliance Challenges for Enterprises in Crypto

The latest wave of crypto adoption has created new tax and compliance challenges, so it's up to crypto-natives to help Fortune 500 companies bridge the chasm.

(Dimitri Karastelev/Unsplash, modified by CoinDesk)

Opinion

What's the Matter With Delaware? How Joe Biden's Home State Became a Global Tax Avoidance Hub

Delaware is helping companies cheat the other 49 states of tax revenues – and that’s just the tip of the iceberg.

Delaware, Wilmington skyline on the Christina River, dusk. (Walter Bibikow/Getty Images)

Opinion

The Tax Impact of This Year’s Platform and Protocol Failures

The Celsius Network bankruptcy and the failure of Terra have caused many questions for taxpayers caught in the middle.

(Recha Octaviani/Unsplash, modified by CoinDesk)

Opinion

Why NFT Tax-Loss Harvesting Remains a Challenge for Investors

What does it mean for your tax bill if you lost money trading illiquid non-fungible tokens?

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Opinion

The Silver Lining of a Crypto Market Decline: Tax Savings

Taking a moment to employ the right tax-reduction tactics could wind up saving you thousands on your tax bill.

Piggy bank bent forward change money coins (Andre Taissin/Unsplash, modified by CoinDesk)

Learn

Crypto Capital Gains and Tax Rates 2022

Love it or hate it, tax season is here and that means all U.S. citizens that traded or sold crypto over the last year will be required to report their gains and losses. This piece is part of CoinDesk's Tax Week.

Tax sign (The New York Public Library/Unsplash)

Opinion

The Key to Taxing Digital Assets Is Finding the Right Cubbyhole

The government may write special rules regarding the treatment of the new asset within the cubbyhole, but there will be an existing tax bucket for every new idea, says KPMG's Tony Tuths.

(Kelly Sikkema/Unsplash)

Opinion

Why Selling Some Bitcoin at a Loss Can Maximize Your Hodling Potential

How to sell your bitcoin for tax advantages without interrupting your strategy to hold for the long term.

(Marco Bianchetti/Unsplash, modified by CoinDesk)