Tax Week

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Tax Week

US Crypto Tax Guide 2022

The tax rules for crypto investors aren't easy to understand, so we tried to simplify what we could. This piece is part of CoinDesk's Tax Week

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How Tax Protesters Set Off the Bitcoin Revolution

Hardline U.S. libertarians laid some of the most important conceptual foundations for the cryptocurrency explosion we’re living through today. This piece is part of CoinDesk's Tax Week.

(Yunha Lee/CoinDesk)

Opinion

The Case for Taxing Proof-of-Work

Most bitcoin owners aren't cypherpunks and don't require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives. This post is part of CoinDesk's Tax Week.

(Umberto/Unsplash)

Opinion

What You Need to Know About Taxes Before You Claim Your Next Airdrop

Investors receiving airdrops should be aware of the tax implications of their newly earned tokens to avoid unwelcome surprises from the IRS.

Did you pay taxes on that airdrop? (Pixabay)

Opinion

Why We Still Need Guidance on Staking Rewards Taxation

A tax consultant and CPA analyzes the recent decision by the IRS to refund $3,200 to the Tennessee couple taxed on their Tezos staking rewards. This piece is part of CoinDesk's Tax Week.

(Pixabay, modified by CoinDesk)

Opinion

Lender Beware: The Potential DeFi Tax Trap

Uncle Sam may collect tax on every loan and repayment of cryptocurrency, which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. This piece is part of CoinDesk's Tax Week.

(Francis MacDonald/Unsplash)

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NFTs Are the Latest Crypto Tax Events Nobody Understands

Casual collectors may be in for a rude awakening this year. This piece is part of CoinDesk's Tax Week.

(Melody Wang/CoinDesk)

Opinion

What Advisors Need to Know About Crypto Taxation

A sizable proportion of “advisor alpha” can be generated from effective investment-related tax planning strategies alone.

(Annie Spratt/Unsplash, Modified by CoinDesk)

Opinion

4 Crypto Tax Myths You Need to Know

With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have your facts wrong, according to ZenLedger COO, Dan Hannum. This piece is part of CoinDesk's Tax Week.

(Artem Maltsev/Unsplash)

Opinion

FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto

For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion. This post is part of Tax Week.

(Zach Gibson/Getty Images)

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Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws

Startups that help Americans calculate their crypto taxes have been raising hundreds of millions, hitting unicorn valuations. Even traditional tax-prep firms are rolling out crypto services. This piece is part of CoinDesk's Tax Week.

(Creative Commons, modified by CoinDesk)