The Crypto Tax Guide: Track, Report, and Minimize Your Tax Bill

by Kincaid and Le Companies LLC

The IRS has made it crystal clear: cryptocurrency is property, not currency. Every time you sell, trade, or spend crypto, it is a taxable event. Every time you receive crypto as payment, it is taxable income. Every time you earn staking rewards, it is taxable income. Ignoring this does not make it go away -- it makes it worse.