by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: Good crypto tax records are essential because crypto generates many taxable events, each needing dates, values and cost basis tracked — often across multiple exchanges and wallets. Crypto tax software that connects to your accounts can automate much of this....
by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: Dividends are payments companies make to shareholders from profits, and their tax treatment varies: some systems tax certain dividends at preferential rates lower than ordinary income, while others apply ordinary or specific dividend rates. Treatment can depend...
by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: Investment income generally comes in three forms taxed differently: interest (often taxed as ordinary income), dividends (sometimes at preferential rates), and capital gains (often favorable for long-term holdings). Understanding how each is taxed — and using...
by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: You can legally reduce crypto taxes by holding assets long enough for favorable long-term rates (where applicable), harvesting losses to offset gains, timing disposals into lower-tax years, using any available tax-free allowances, and keeping accurate records...
by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: Crypto taxable events generally include selling crypto for currency, trading one crypto for another, spending crypto on goods or services, and earning crypto (staking, mining, payment). Generally NOT taxable: buying crypto with currency, holding it, and...
by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: NFTs are generally treated as taxable assets. Selling an NFT for a profit typically triggers capital gains tax; creating and selling NFTs is often income for the creator, and royalties are income too. A subtle trap: buying an NFT with cryptocurrency can itself...
