CryptoMeister is here to teach you everything from how to buy crypto to how to store your crypto safely, as well as everything else in-between!
If you do not have the time to go through the guide and quickly want to know how to buy cryptocurrency in the UK, these quick-fire steps should set you on the right path. eToro is our recommended crypto broker, and we will be showing you how to buy any cryptocurrency you want on t...
Cryptocurrency is treated like property for tax purposes. You have gains and losses on your crypto. Depending on how many trades you did, this can be a daunting task. Some exchanges just send you a Form 1099-B which simply shows your proceeds (buys and sells combined) and requires you to...
Making a purchase with your mined crypto is easier than ever. However, this convenience comes with a price; you first pay income tax on the mined crypto. When you make the purchase, you'll pay sales tax on the item and create a taxable event at the time of the sale. Here's how i...
Your max tax refund is guaranteed. Start Your Return Updated fortaxyear 2023. The value of Bitcoin and other cryptocurrencies has undoubtedly seen better days. But there’s a small silver lining — if you sold crypto at a loss in 2023, you might be able tosaveon your tax bill with crypt...
Crypto transactions get recorded in a public blockchain. A digital asset like Bitcoin can act as a storage of value, similar to gold. The Ethereum blockchain allows smart contracts to execute secure financial transactions. But any cryptocurrency's value depends on how others perceive the asset....
bill, hold your cryptocurrency long enough to turn your short-term gains into long-term gains. It may not be an easy task, but if you have the patience and fortitude to keep your crypto for at least a year before selling, then you'll likely pay a reduced tax rate on any capital ...
Some crypto holders may be looking for ways to cash in on current market enthusiasm by selling their digital assets.If you’re going to be selling any crypto, you’ll want to know your options and how to do so. You’ll also want to understand the tax implications. You may owe a ...
The program is a partnership between the IRS and eight leading tax prep sites, includingTaxSlayerandFreeTaxUSA. You can choose which company to work with based on your income, age, location and filing needs. (Some partners also offer free state filing.) ...
Making a mistake on your tax return isn't as big a deal as you might think. The IRS allows you to file an amended tax return to correct any errors you may have made, including missed tax deductions. If you made a mistake or missed something on your lates