Are you an NFT investor, artist, or creator? If so, it’s crucial to be aware of the tax implications associated with your NFT transactions. Surprisingly, many NFT sellers and investors […]
As a Web3 business owner, one of the biggest challenges you may face is setting up an appropriate accounting system to track your digital assets. Without an accurate set of […]
Tax planning is essential to any successful investment strategy, particularly for digital asset investors. With myriad complex tax regulations, knowing the best strategies for minimizing your digital asset tax liability […]
Tax compliance is critical for any business, but in the Non-Fungible Token (NFT) space, it’s even more critical due to the nature of digital goods and services sold on public […]
Accepting crypto is an essential resource for any business considering accepting cryptocurrency as payment. With the rise of digital assets, it’s essential to understand their tax and accounting implications to […]
Digital asset transactions, such as those associated with cryptocurrencies, can be complex and intricate. The details of these transactions are often difficult to trace due to the decentralized nature of […]
If you are an individual, artist or company that is selling NFTs as part of a trade or business activity you need to consider how sales taxes are applied to […]
Cryptocurrency taxes and accounting are very complex. In fact, over 95% of the cryptocurrency portfolios and tax returns we review have errors, incorrect tax interpretations or missed opportunities. To worsen […]
If you are involved with cryptocurrency, you are probably all too familiar with gas fees. Ethereum’s gas fees and gas fees on other blockchains, are required for various activities like […]
Planning in advance to prepare for your cryptocurrency tax liabilities is crucial to ensure that you report your taxes accurately and pay the least amount of taxes as legally possible. […]
