Cryptocurrency is taxable in the U.S., and taxes apply to far more situations than just selling coins. Trading, spending, staking, mining and even receiving crypto can all trigger tax obligations. But ...
After a big downturn in the crypto market, are investors flush with opportunities?
The new 1099-DA form will track crypto trades like stock sales. Crypto traders need to report their cost basis for each separate exchange or wallet. These rules could make cryptocurrencies more ...
digital W-9 form on a laptop screen next to a phone showing the latest crypto ticker prices - Joseph Maldonado/CNET Reporting cryptocurrency on your taxes is changing for the 2026 tax season. This ...
Basis, which is the difference between the futures price and the spot price, is a key indicator of market sentiment and momentum. For crypto futures, a positive basis typically emerges during periods ...
The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers — and crypto investors have limited time to prepare, experts say. Stream NBC 5 for ...
Cryptocurrency exchanges are moving to a new way of reporting users’ profits to the IRS — and the switch could expose investors to a steeper tax bill if they aren’t careful. A tax form that’s more ...
Cost basis drives gain or loss. When you cannot substantiate basis, the IRS may treat your basis as zero, which can effectively treat the full proceeds as taxable gain. The IRS can also broaden the ...
Bitcoin (CRYPTO: BTC) remains in a holding pattern ahead of the most anticipated Federal Reserve interest rate decision in months. What Happened: Prominent technical analyst Kevin explained noted that ...