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...
by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: Earning crypto through staking, mining or rewards is typically taxed as income at the crypto’s value when you receive it — and that value usually becomes your cost basis. If you later sell for more, you owe capital gains tax on the additional...
by Ekrem Duman | Jul 7, 2026 | Crypto Tax, Finance
TL;DR: In most countries, cryptocurrency is treated as property or an asset, not currency — so selling, trading or spending it can trigger capital gains tax on the profit, while earning crypto (from staking, mining or as payment) is often taxed as income. Simply...
by Ekrem Duman | Jun 18, 2026 | Crypto Finance, Crypto Tax
For the better part of a decade, reporting crypto gains and losses to tax authorities was largely an honor system. Exchanges issued patchy 1099-K or 1099-MISC forms, if anything at all, and the burden of reconstructing cost basis across dozens of wallets fell entirely...
