M-F: 8:30AM-7PM | Sa: 9AM-2PM

Cryptocurrency and Taxes

All cryptocurrency and Bitcoin are reported to the IRS – so be careful! They can see the “sales” but not what you put in. So even if you don’t make money, you will still be taxed. Be sure to file the statement of reporting on your tax return to avoid any alarming letters from the IRS!

Listen to this crazy story to learn from their mistake on Coinbase!


More Posts

Donations for Tax Deductions

Tips for Donations: Expect a 25 to 30% benefit for the value of what you are donating Goodwill has a “donation value estimator” where you

How To File Gift Taxes.

If you are gifting or receiving a gift, it is rarely ever taxable. Right now, there is a lifetime exclusion of $11 million per person