With crypto’s growing popularity, tax authorities are paying more attention to digital assets. This article explains how crypto taxation works and what you need to know about reporting your gains.
How Crypto Is Taxed: Explain the basics of crypto taxation, including capital gains tax and how transactions such as buying, selling, trading, and staking may trigger taxable events.
Keeping Records for Tax Purposes: Provide tips on how to track crypto transactions using software like CoinTracking or Koinly to simplify tax reporting.
Crypto Tax Regulations Worldwide: Discuss the differences in crypto tax laws in countries like the U.S., the UK, and Germany, and the penalties for failing to report crypto income.