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.

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.

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.

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

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.

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

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 Hunnum. This piece is part of CoinDesk's Tax Week.

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 Hunnum. This piece is part of CoinDesk's Tax Week.

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.

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.

Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems

Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. This piece is part of CoinDesk's Tax Week.

Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. 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.

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.

Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved

A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. This piece is part of CoinDesk's Tax Week.

A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. This piece is part of CoinDesk's Tax Week.

Review of 6 Crypto Tax Software Packages

A crypto tax expert investigated a host of innovative and ambitious crypto tax companies and the products they offer. Here’s what he found.

A crypto tax expert investigated a host of innovative and ambitious crypto tax companies and the products they offer. Here’s what he found.

The 7 Types of Crypto Tax Nightmares

Meet the yoga instructors, limo drivers and real estate agents who've been to hell and back. This piece is part of CoinDesk's Tax Week.

Meet the yoga instructors, limo drivers and real estate agents who've been to hell and back. This piece is part of CoinDesk's Tax Week.

Introducing CoinDesk's Tax Week

A week devoted to helping you understand and minimize your crypto-related taxes. Dive in here.

A week devoted to helping you understand and minimize your crypto-related taxes. Dive in here.

You May Owe Crypto Taxes on These Surprising Things in 2022

If you’re one of the millions of people who bought crypto for the first time in 2021, you might be in for a surprise when you do your taxes.

If you’re one of the millions of people who bought crypto for the first time in 2021, you might be in for a surprise when you do your taxes.

Canada Crypto Tax Guide 2022

Like many jurisdictions, crypto assets are treated as "property" in Canada, meaning investors will owe taxes to the Canadian Revenue Agency (CRA) in certain situations. This piece is part of CoinDesk's Tax Week.

Like many jurisdictions, crypto assets are treated as "property" in Canada, meaning investors will owe taxes to the Canadian Revenue Agency (CRA) in certain situations. This piece is part of CoinDesk's Tax Week.

5 Things to Remember When Paying Your NFT Taxes

Jaimin is the CEO & co-founder of Reconcile, a real-time tax planning app for accountants and their DIY investing clients. He also helps connect crypto investors with expert tax professionals. This post is part of CoinDesk’s Tax Week.

Jaimin is the CEO & co-founder of Reconcile, a real-time tax planning app for accountants and their DIY investing clients. He also helps connect crypto investors with expert tax professionals. This post is part of CoinDesk’s Tax Week.

How to Avoid Getting Rekt by Crypto Taxes

Tax guidance lags innovation. So does tax software. Meanwhile, misconceptions abound. If not careful, investors can end up owing more tax than expected and having to unload crypto to pay the bill. This piece is part of CoinDesk's Tax Week.

Tax guidance lags innovation. So does tax software. Meanwhile, misconceptions abound. If not careful, investors can end up owing more tax than expected and having to unload crypto to pay the bill. This piece is part of CoinDesk's Tax Week.

The Automatic Tax Man Cometh

Crypto won’t save you from taxes, but it may eventually make them easier to pay, says futurist Dan Jeffries. This piece is part of CoinDesk's Tax Week.

Crypto won’t save you from taxes, but it may eventually make them easier to pay, says futurist Dan Jeffries. This piece is part of CoinDesk's Tax Week.

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.

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.

US Crypto Tax Guide 2022

It’s getting to that time of year again when the IRS is looking for its pound of flesh from crypto investors. This piece is part of CoinDesk's Tax Week

It’s getting to that time of year again when the IRS is looking for its pound of flesh from crypto investors. This piece is part of CoinDesk's Tax Week

Avoid Crypto Tax Headaches: What You Need to Know if You Bought or Sold Crypto in 2021

Reporting crypto taxes doesn't have to be a nightmare. This piece is part of CoinDesk's Tax Week.

Reporting crypto taxes doesn't have to be a nightmare. This piece is part of CoinDesk's Tax Week.

Making Sense of India's New Crypto Rules

India's first concrete steps in acknowledging crypto may be here to stay, having spurred both excitement and confusion over whether the country is approving crypto as an asset.

India's first concrete steps in acknowledging crypto may be here to stay, having spurred both excitement and confusion over whether the country is approving crypto as an asset.

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.

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.

US Crypto Tax Year 2022: Inflation-Based Changes to Know

To offset the impact of rising inflation, the IRS has revised a number of tax provisions to let people keep more of their money in their wallets for the 2022 tax year. This piece is part of CoinDesk's Tax Week.

To offset the impact of rising inflation, the IRS has revised a number of tax provisions to let people keep more of their money in their wallets for the 2022 tax year. This piece is part of CoinDesk's Tax Week.

UK Crypto Tax Guide 2022

U.K. citizens that invested or dealt with crypto over the last year may be required to pay taxes on their trades. Here's what you need to know. This piece is part of CoinDesk's Tax Week.

U.K. citizens that invested or dealt with crypto over the last year may be required to pay taxes on their trades. Here's what you need to know. This piece is part of CoinDesk's Tax Week.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.