Sep 13, 2021・3 min read・CryptoCongress is Trying to Disallow Wash Sales for CryptocurrencyThe House Committee on Ways and Means is planning to subject cryptocurrencies to the wash sale rule according to a summary report [https://drive.google.com/file/d/1hdAZHHGxKaGpwuHkKVC4gwIQ7WUzLosv/view?usp=sharing] published on September 13, 2021. Congress expects to find more tax revenue by closing down this loophole [https://www.cointracker.io/blog/a-tax-loophole-every-crypto-trader-should-know] that crypto holders have been enjoying for years. What is a Wash Sale? According to §1091 of theShehan Chandrasekera, CPA
Jun 18, 2021・3 min read・CryptoIRS Says That Like-Kind Exchanges Were Never Allowed for Bitcoin, Ether, and Litecoin
Apr 1, 2021・2 min read・BrandCoinTracker Partners with Wolters Kluwer to Simplify Crypto Taxes for Accountants