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Consumers still need to declare the sales and purchases of their 2021 crypto investments to the IRS in light of the new 2023 tax regulations that require crypto transactions over $10,000 to be recorded.
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The Internal Revenue Service has issued a caution regarding how to answer the cryptocurrency question on your tax return's front page. Here's how you should answer.
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For the entire digital asset market and the Web 3.0 market, this year's budget speech's legal mandate to include digital assets in taxation was a welcome and motivating move.
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To help those of you who are preparing your crypto tax returns, we've put up a list of helpful resources. With Crypto.com Tax, the one-stop shop for crypto, Crypto.com has provided their customers with precisely that.