crypto tax

The Bitcoin mining community is facing a new challenge that could change its future in the United States. The White House has proposed a tax called the Digital Asset Mining Energy (DAME) tax, which would make it more expensive for companies to mine Bitcoin and other digital currencies. On...

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Let’s go through the process of preparing and reporting your cryptocurrency taxes step by step. First, you calculate your capital gains and losses. Make sure you choose a specific cost basis and use the following equation to get these values: Sales Price - Cost Basis = Crypto Gains/Losses...