Taxes Involved when Investing in Cryptocurrency || What is taxable & non-taxable || Tax Planning
They say that the only guarantees in life are "death and taxes." Well I would have to agree and that is especially true with Cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and all other cryptos. You NEED to make sure you are reporting your crypto gains, losses, and transactions correctly so that you don't incur a tax surprise from Uncle Sam.
In this podcast I want to cover:
1. Is Cryptocurrency Taxable?
2. What type of Transactions are Taxable?
3. What type of Transactions are NOT Taxable?
**Please make sure you consult your CPA or Tax Professional!**
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