taxes

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?

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.

NFT Art Museum Donations? The Pros and Cons for Your Tax Bill
Appraising historically significant non-fungible tokens has been a head scratcher for collectors and charities.

How to Benefit From Tax-Loss Harvesting in Crypto
The year 2022 has been rough in the markets, but one way to take the sting out of losses is to take advantage of tax-loss harvesting to offset any capital gains from other profits.

What the Mention of Crypto in Australia's Budget Means
“This may be the first time cryptocurrency has been mentioned in the federal budget papers," said Michael Bacina, a partner at law firm Piper Alderman.

IRS Expands Key US Tax Language to Include NFTs
Newly released draft instructions for the 2022 tax year change the language from “virtual currency” to broader “digital assets.”

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.

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.

How Web 3 Could Change Tax Collection
The traditional third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next? This piece is part of CoinDesk's Tax Week.

A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government. This piece is part of CoinDesk’s Tax Week.

