Tax Week: Understand them. Minimize them. Avoid them.

Including Country Specific Tax Guides

Your friend tells you about cryptocurrency. You open a wallet. You start trading. It's fun! You're making money like a degen.    Then one day you realize that crypto, while considered "alternative finance," isn't immune to tax. The IRS and other authorities want their share of your "sicc gainz." Suddenly you know that all those transactions you've been making are taxable. You owe money on your gains and now, holy moly, the price of BTC is falling, and with it the rest of the market. You realize you need to sell half your stash just to cover your bill.   This scenario, in fact, has befallen many newbies to crypto, as Jeff Wilser details in this week's "Crypto Tax Nightmares" story. Many people have flown into crypto with alacrity only to get a nasty fright when they realize they haven't held back what they owe.   CoinDesk's Tax Week, dropping Feb. 22-25, is all about the crypto community's struggles and confusions with taxes. We feel your pain! And we do our best to help, calling upon the experts in the crypto tax business to explain everything as clearly as possible. Explore Tax Week Latest Tax Week Articles US Crypto Tax Guide 2022 It's getting to that time of year again when the IRS is looking for its pound of flesh from crypto investors. Full Story The 7 Types of Crypto Tax Nightmares Meet the yoga instructors, limo drivers and real estate agents who've been to hell and back.  Full Story Check Out the Whole Series Copyright © 2022 CoinDesk, All rights reserved.    250 Park Avenue South New York, NY 10003, USA You can manage your preferences here or unsubscribe from all CoinDesk email.