Bitcoin Wash Sale FAQs What is a wash sale? A wash sale is a transaction where an investor sells stocks or securities for a loss, but then repurchases the same…
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Bitcoin Mining As A Business According the IRS, a “business” is an activity in which you are engaged on a substantial and continuing basis for the purpose of generating a profit….
How To Deduct Bitcoin Mining Costs "Miners" of bitcoin and other cryptocurrencies incur expenses related to their mining activity, such as the cost of electricity and internet service. Are these...
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There is a tremendous amount of uncertainty regarding the federal regulation of bitcoin miners and other bitcoin related businesses. In particular, there is some worry that bitcoin miners could be…
Tax Treatment of Bitcoin Mining At one time, there was considerable uncertainty surrounding the taxation of bitcoin mining, particularly as to the issue of timing. That is, when should a bitcoin miner realize income from the activity...
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