1304, 2018
Is this the ‘end of tax season’ crypto market rally?
As cryptocurrency markets mature are we seeing the seasonal effects associated with equity markets starting to seep in? This tax season could be quite revealing if the bounce in across the crypto markets mirrors that of the traditional rise in equities around this time of year.
711, 2017
Capital gains on cryptocurrency: FIFO, LIFO, or Specific Identification?
I regularly receive inquiries from around the country regarding how gains and losses on cryptocurrency transactions are taxed. Unfortunately, to date, IRS guidance has been limited to Notice 2014-21, which, while it doesn’t tell us a whole lot, does make the following clear:
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