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Tax Week

Lender Beware: The Potential DeFi Tax Trap

Uncle Sam may collect tax on every loan and repayment of cryptocurrency, which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. This piece is part of CoinDesk's Tax Week.

By Lisa Zarlenga John Cobb

Feb 24, 2022 at 2:15 p.m. UTC

Feb 24, 2022

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CDCROP: Calculator (Annie Spratt/Unsplash, Modified by CoinDesk)

Tax Week

Tax week

What Advisors Need to Know About Crypto Taxation

A sizable proportion of “advisor alpha” can be generated from effective investment-related tax planning strategies alone.

By Ryan Firth

Feb 24, 2022 at 1:50 p.m. UTC

Feb 24, 2022

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CDCROP: Hole looking up (Artem Maltsev/Unsplash)

Tax Week

Tax week

4 Crypto Tax Myths You Need to Know

With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have your facts wrong, according to ZenLedger COO, Dan Hannum. This piece is part of CoinDesk's Tax Week.

By Dan Hannum

Feb 23, 2022 at 7:49 p.m. UTC

Feb 23, 2022

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Tax Week

Tax week

Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems

Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. This piece is part of CoinDesk's Tax Week.

By David Kemmerer

Feb 23, 2022 at 2:21 p.m. UTC

Feb 23, 2022

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Tax Week

Taxes

How Web 3 Could Change Tax Collection

The traditional third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next? This piece is part of CoinDesk's Tax Week.

By Shehan Chandrasekara

Feb 23, 2022 at 2:20 p.m. UTC

Feb 23, 2022

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Tax Week

Irs

Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved

A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. This piece is part of CoinDesk's Tax Week.

By Rob Garver

Feb 23, 2022 at 2:20 p.m. UTC

Feb 23, 2022

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Bitcoin mining could add plenty of dollars to U.S. coffers.(Sharon McCutcheon/Unsplash)

Tax Week

Tax week

A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue

Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government. This piece is part of CoinDesk’s Tax Week.

By George Kaloudis

Feb 23, 2022 at 1:15 p.m. UTC

Feb 23, 2022

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Tax Week

Taxes

The Automatic Tax Man Cometh

Crypto won’t save you from taxes, but it may eventually make them easier to pay, says futurist Dan Jeffries. This piece is part of CoinDesk's Tax Week.

By Dan Jeffries

Feb 22, 2022 at 2:59 p.m. UTC

Feb 22, 2022

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Policy

Tax

Crypto Tax Pros Throw Cold Water on Staking Excitement

Recent media excitement over a lawsuit partially funded by the Proof of Stake Alliance (POSA) has caused confusion over crypto taxes, but experts say it's best to remain cautious.

By Cheyenne Ligon

Feb 9, 2022 at 11:27 p.m. UTC

Feb 9, 2022

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