In our case, he even reviewed international tax treaties to improve our tax report, which ended up saving us a lot of money in taxes. from Bitcoin to Ethereum) is also a taxable event, Spending crypto assets on goods or services is a taxable event, A transfer of the same crypto asset from a wallet address to another wallet address is not considered a taxable event, but you should still maintain a record of the transaction, Selling coins or tokens that were received from airdrops, farming, staking rewards or mining is considered a taxable event, Selling coins or tokens that were airdropped via a fork (i.e. Get matched Get matched with multiple pros that meet your exact needs. I dont have all of my trade data. The Corporates Investing in Crypto page also provides connections to download two Deloitte reports. This firm offers all the crypto services you could want in an accountant. Due to the capital asset classification, e-currency will be taxed as property. The New York Tax Appeals Tribunals recent decision in In re LePage12 also supports this treatment. Very professional and genuinely cared for my needs and gave many suggestions of how they could save me money, developed a strategy and executed it, which in turn worked out very well indeed. I feel confident my taxes have been done correctly and would like to thank him for the peace of mind this brings me. 13 Id. How Can I Buy New York Coin? We're highly experienced in cryptocurrency taxation and know how to legally and ethically reduce your tax burden. They are proficient in Defi (decentralized finance), running nodes, NFTs, and they know how to manage transactions across multiple networks (BSC, AVAX, ETH, FTM). document.write('
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