The IRS is starting to crack-down on Cryptocurrency transactions:
Right after your name and address, the IRS asks if you dealt with cryptocurrency in the past year.
If you decided to make some investments in cryptocurrency (Bitcoin, Ethereum, Dogecoin or one of the several hundred others), you may have entered into taxable transactions.
Decided to jump into the world of decentralized finance and participated in staking or yield farming? You have taxable transactions and we can help.
Jumped into the NFT craze? That’s taxable too.
Let the experts at Crane & Holtzman CPAs help with all your cryptocurrency tax planning and compliance needs.