Tax

US crypto and NFT taxes are complex, a common concern for many investors. This article details IRS classification, capital gain/loss calculation, cost basis determination, and the critical ‘Wash Sale Rule’ application to cryptocurrencies and its pitfalls. Through practical examples, common mistakes, and FAQs, it offers a comprehensive guide to fully understand the necessary knowledge and strategies for digital asset tax reporting, enabling you to manage tax risks effectively.

Freelancers! Learn how to automate W-9 reminders to clients using Google Apps Script (GAS). Master IRS reporting, avoid backup withholding risks, save time, and implement efficiently with this comprehensive guide.

A tax professional’s detailed guide on efficiently bulk-generating Form 1099-NEC PDFs from CSV data using Python for independent contractors. Covers everything from setup and basic knowledge to coding examples, pros/cons, and crucial considerations.

Introduction The U.S