Tax Week Nov 2022

Making sense of your crypto taxes. Presented by Koinly.

Tax Week Nov 2022

Say Goodbye to Proprietary Tax Prep Software

Web3 tax help is a multibillion-dollar opportunity, and a way to plug the gap the government has around tax help and out-compete centralized companies like TurboTax.

(Crissy Jarvis/Unsplash)

Opinion

The Pitfalls of Being Paid in Crypto

With marginal rates, excise tax and the potential for foreign tax credit mismatch, crypto income could be taxed at an 80% or higher.

(Kelly Sikkema via Unsplash, modified by CoinDesk)

Opinion

If You Lost Money on FTX, You May See Some Tax Relief

Tax expert Victoria J. Haneman compares Sam Bankman-Fried's crypto trading empire to Bernie Madoff's Ponzi scheme to glean what the FTX fallout could mean for tax filers.

(Leon Neal/Getty Images)

Opinion

How Bad Tax Policy Drives DAOs Out of the US

Despite crypto-friendly laws in Wyoming, most DAOs are choosing to incorporate overseas.

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Learn

Do You Owe Taxes on Your NFT?

Here are the NFT-related rules of thumb to consider when filing your 2022 taxes.

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Opinion

The Tax Implications of the FTX Bankruptcy

As of right now, all funds are frozen, which means FTX users are stuck. What will this mean for taxpayers?

(Scott Graham/Unsplash, modified by CoinDesk)

Opinion

EY’s Crypto Tax Leader Breaks Down What You Need to Know This Tax Season

Use data aggregators, get a trusted adviser and learn to live with a little uncertainty.

EY (Shutterstock)

Layer 2

Crypto Users Want to Pay Taxes, but We Need Clearer Rules

The need for comprehensive crypto tax reform will become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing.

(Unsplash, modified by CoinDesk)

Opinion

What Will It Look Like When Taxation and Privacy Collide?

What if instead of private protocols enabling tax avoidance or evasion, privacy in web3 actually enhanced tax reporting?

(Markus Winkler/Unsplash, modified by CoinDesk)

Opinion

Taxes and Music NFTs: A Match Made in Hell?

If laws around taxation are confusing for crypto and art-focused NFTs, music is a whole other can of worms.

(Marcela Laskowski/Unsplash, modified by CoinDesk)

Opinion

Crypto Can De-Escalate the Tax War

The transparency and immutability of blockchain transactions could allow for tax assessment and collection to be vastly more efficient than the status quo.

25th December 1776:  George Washington crosses the Delaware River into Pennsylvania and with a surprise attack defeats Hessian soldiers employed by the British in the Battle of Trenton. Original Artist: By Paul Girardet after Leutze  (Photo by MPI/Getty Images)