Posts on the Topic Reporting

Crypto tax audits are increasing as authorities like the IRS enhance enforcement on cryptocurrency transactions, focusing on compliance and revenue generation. Key triggers for these audits include significant gains or losses, discrepancies in reporting, and failure to report crypto income....

Calculator and CoinTracker are crypto tax tools catering to different needs: Calculator focuses on simplicity and speed for basic transactions, while CoinTracker offers advanced features like portfolio tracking and support for complex activities. The choice depends on user preferences, with...

The article highlights the growing need for crypto tax attorneys as cryptocurrency regulations evolve, emphasizing their role in ensuring compliance, strategic planning, and handling audits or disputes. It underscores the complexities of tracking transactions, determining taxable events, and navigating international...

Navigating crypto taxes can be complex due to the rapid pace of transactions and varying regulations, but using top crypto tax software like Koinly, CoinTracker, CryptoTrader.Tax, or ZenLedger can simplify reporting by offering features such as seamless integration with exchanges,...

Sweden's crypto tax landscape categorizes digital currencies as assets, subjecting transactions like selling or trading to a 30% capital gains tax, while non-taxable activities include buying with SEK and holding cryptocurrencies. Understanding these rules is crucial for managing obligations effectively,...

Understanding crypto taxation in the EU is essential for traders and investors, as it ensures compliance with regulations that prevent tax evasion and protect public finances. The article outlines key aspects of EU policies like capital gains tax, income tax,...

Starting January 2025, Greece will implement a new tax regime for cryptocurrencies, including a 15% capital gains tax and mandatory reporting of crypto transactions to the authorities. A special committee will provide recommendations by September 2024 to ensure comprehensive regulations...

The IRS treats cryptocurrency as property, subjecting transactions to capital gains tax; understanding and accurately reporting these activities is essential for compliance with US tax laws. This guide covers the basics of crypto taxation, including different types of taxable events...

Lynx Brokerage is highlighted as a comprehensive trading platform suitable for both novice and experienced traders, offering advanced technology, global market access, and multilingual support. The article details Lynx's key features such as international reach, sophisticated order types, multi-currency accounts,...