What You Don’t Know About Crypto Taxes Can Hurt You

Steve Latham is the chairman of Claritas, a new venture that provides consolidated views of crypto holdings, gains and losses. The following article is an exclusive contribution to CoinDesk’s Crypto and Taxes 2018 series. The cryptocurrency bull run of 2017 was awe-inspiring. The resulting taxable implications are not. Tax season is in full swing but there seem to […]

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How to Mount a Tax Defense for Unreported Crypto Income

Phil Karter, a former Justice Department Tax Division trial lawyer, is currently a partner in the Philadelphia Office of Chamberlain Hrdlicka. Kevin F. Sweeney, a former federal tax prosecutor, is a senior counsel in the same office. The following article is an exclusive contribution to CoinDesk’s Crypto and Taxes 2018 series. On February 23, Coinbase, […]

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American Bar to IRS: Create Safe Harbor for Hard-Forked Cryptos

The Internal Revenue Service (IRS) needs to establish guidelines on how Americans can report gains from hard-forked cryptocurrencies, the American Bar Association Section of Taxation said Tuesday. Section Chair Karen Hawkins wrote a letter noting that “several important developments in the cryptocurrency economy have taken place” since the IRS previously issued guidance on the federal […]

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