The rise of Bitcoin and other cryptocurrencies has captivated the financial world in recent years. Bitcoin, in particular, has seen remarkable surges in value, attracting both seasoned...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/30/2023
The Comprehensive Guide to Bitcoin Taxation: Understanding IRS Rules & RegulationsAs the popularity of cryptocurrencies continues to rise, the Internal Revenue Service (IRS) has...
Posted by Pat Raskob on 10/30/2023
Cryptocurrencies like Bitcoin, Ethereum, and others have become increasingly popular investments in recent years. As with any investment, it is important to understand the tax implications...
Posted by Rosovich & Associates, Inc. on 06/09/2023
Many cryptocurrencies like Bitcoin and Ethereum rise and fall, raising tons of tax questions. The Internal Revenue Service (IRS) is implementing many laws for those holding cryptos,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/25/2023
When people plan their wealth in anticipation of their death, it doesn't necessarily mean they want death, but they understand the importance of passing those fortunes to a hand...
Posted by Taxes Made EZ Inc on 10/07/2022
Uniswap was one of the first and most popular decentralized exchanges launched on the Ethereum network and quickly became a favorite, inspiring a variety of other competitors. Now...
Posted by Taxes Made EZ Inc on 05/10/2022
Given the disruption of blockchain in financial services and their subsequent widespread application across industries, it's hard to find a segment that the technology hasn't...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/15/2022
Taxes are one of the only certainties in life, and cryptocurrencies are no exception.Yes, your Bitcoin is taxable. The IRS treats ownership of cryptocurrencies as "property"...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/06/2021
A 401(k) plan can be an attractive way to invest because it gives employees the ability to increase their contributions before tax and tax-deferred income until retirement. According...