Crypto Tax Calculations

Fifo Lifo Hifo. Cost basis method for crypto: extremely popular topic these days. Here’s what we wrote about crypto previously – https://htj.tax/?s=crypto In 2014, the IRS issued Notice 2014-21, 2014-16 I.R.B. 938 PDF, explaining that virtual currency is treated as property for Federal income tax purposes and providing examples of how longstanding tax principles applicable to transactions […]

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