Category: Tax

Non-Forgiving Taxes for NFTs

Do Tax Professionals Need To Be Cryptocurrency Experts?

The Senate’s Approval Of the Infrastructure Bill and Its Effect on Cryptocurrency

Maximizing the Section 199A Deduction for Eligible Virtual Currency Activities & Businesses

When Capital Contributions of Cryptocurrency and Tokens Lead to Unexpected Taxation of Domestic Investments in Funds under Sections 721(b) and 351(e)

Is a Contribution of Virtual Currency to a Domestic Corporation or Partnership Taxable?

Can Virtual Currency Traders Elect Into Special Rules that Allow Current Deductions for Trading Losses?

Can Traders in Virtual Currency Elect the Mark-to-Market and Character Rules of Section 475(f)?

Potential for Cryptocurrency to be Treated as Foreign Currency (Giving Rise to Ordinary Gains/Losses)

Are Exchanges of Cryptocurrencies in Exchange for Other Cryptocurrencies Eligible for Like-Kind Exchange Treatment Under Section 1031?