When Does a Prediction Market Trader or Trading Firm Need a Written Prediction Market Tax Opinion?
Quick answer (read this first) There is no general profit, trading-volume, or account-size threshold that […]
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Prediction Market Year-End Close and Tax-Return Readiness
Quick answer (read this first) A prediction-market trader or trading firm can finish the year […]
Prediction Market Tax Guide for Market Makers, Professional Traders & Trading Firms
Quick answer (read this first) The short answer: There is no separate federal tax treatment […]
Kalshi Market Maker Taxes: Federal Tax and Accounting Issues for Professional Trading Firms
Quick answer (read this first) Professional market making on Kalshi can present a substantially more […]
What to Ask Before Hiring a CPA for a Prediction-Market Trading Firm
Quick answer (read this first) A CPA advising a professional prediction-market trading firm may need […]
Camuso CPA Submits Recommendation to Treasury and IRS Requesting Prediction Market Tax Guidance
Camuso CPA PLLC has submitted a formal recommendation to the U.S. Department of the Treasury […]
IRS Letters 6174 and 6174-A: What the Crypto Warning Means
Quick answer (read this first): What they are: IRS Letters 6174 and 6174-A are advisory […]
IRS Letter 6173: How to Respond Before You Certify Anything
Quick answer (read this first): What it is: IRS Letter 6173 is a response-required compliance […]
CP2000 Crypto Notice: Why the IRS Number May Be Wrong
Quick answer (read this first): What it is: A CP2000 crypto notice is a proposed […]
IRS Crypto Letter: What Each Notice Means and How to Respond
Quick answer (read this first): What it means when the IRS contacts you about crypto: […]
