Every tax season, many U.S. residents who invest in cryptocurrencies find themselves stressed out: Do they need to pay taxes? How should they pay them? A small mistake could not only lead to fines but also tri…
The U.S. tax season is around the corner! If you're a U.S. taxpayer and engaged in cryptocurrency transactions over the past year, it’s crucial to accurately report your crypto income. FinTax highlights four c…
1.什么是成本基础 成本基础是指您购买加密资产时支付的原始价格以及相关费用。换句话说，它代表了您为获得这些加密资产所付出的实际成本。美国加密资产投资者需要缴纳的联邦税主要有两种：所得税与资本利得税。其中，在计算资本利得税时，了解并准确计算成本基础是至关重要的。 当您卖出加密资产时，您需要缴纳的资本利得税往往取决于资产的“资本利得”。您的资本利得=出售价格-成本基础。如果您只拥有且只售出一个比特币时，计算十分清晰。但…
1.What is Cost Basis? Cost basis refers to the original price you paid when purchasing crypto assets, as well as any related fees. In other words, it represents the actual cost you incurred to acquire these cr…
Have you heard of the 1099-DA form? Are you worried about potential tax penalties for filling it out incorrectly? Don’t worry—this article will demystify the 1099-DA form and help you navigate tax filing with…
1. Introduction Kenya is regarded as Africa’s crypto pioneer. A 2022 report by the United Nations highlighted that Kenya has the highest percentage of cryptocurrency users in Africa. While cryptocurrency provi…
Abstract This report summarizes the global tax, accounting, and compliance policy developments in the cryptocurrency sector during the second half of January 2025. In terms of tax, U.S. Senator Ted Cruz is loo…
1. Introduction The Kingdom of Saudi Arabia, located on the Arabian Peninsula in Southwest Asia, is one of the world's largest oil exporters and is renowned for its abundant petroleum resources. With the rapid…
On January 18th, Donald Trump, the U.S. President-elect, announced on social media that he was launching his own cryptocurrency meme coin, $TRUMP. The news instantly set off a frenzy in the crypto market. On i…
Abstract This report combs through the key developments in global crypto compliance policy in the first half of January 2025. In terms of taxation, the United States Internal Revenue Service (IRS) has implemen…
