News, regulatory updates and crypto-tax guidance for individuals, covering reporting, compliance and accounting developments.
The IRS has issued a gift tax safe harbor so parents and relatives contributing to a child's new Trump account under Sec. 530A can skip the gift tax return entirely if they meet simple conditions.
Plain-English breakdown of the IRS safe harbor for Section 530A Trump accounts and the AICPA's caution around gift tax, Kiddie Tax, and Roth conversion risks
FBAR filing obligations now apply to cryptocurrency held on foreign exchanges; individuals need to understand reporting thresholds and use crypto tax software to aggregate data.
A practical, jargon-light breakdown of how the IRS treats staking rewards, DeFi income, NFT gains, and airdrops so individual US filers know exactly what to report and when.
A practical, jargon-free guide for US individual crypto holders explaining how capital gains tax works, what rates apply, and how a crypto tax calculator simplifies the filing process.
A practical breakdown of US crypto tax rates, cost basis methods, and loss harvesting strategies written for individual filers who want to understand their obligations before the deadline hits.
A practical US-focused explainer helping individual crypto holders understand exactly when airdrop, mining, staking, and DeFi income becomes taxable and how to avoid costly reporting mistakes.
A practical explainer for individual crypto traders on how wash sale rules do and do not apply to cryptocurrency across key jurisdictions, and what that means for tax loss harvesting strategies.