Let's take a look at the Bitcoin tax rate in the U.S. and the various types of taxable events.
Although Bitcoin and other cryptocurrencies are often considered the Wild West of currency, the IRS has begun cracking down on taxes and fining individuals who fail to report cryptocurrency accurately.
In this article, we take a look at how the IRS treats Bitcoin and other cryptocurrencies and how to include Bitcoin tax gains and losses in your tax return to avoid any problems!
ZenLedger makes it easy to calculate your bitcoin taxes with our simple and effective bitcoin tax calculator. We break it down for you in this post.
Explore how the campaign against crypto tax evasion is going, and the specifics of the 4 warning letters being sent to crypto investors from the IRS.