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Should You Report Cryptocurrency on FATCA Form 8938?

Navigating IRS Rules for Foreign-Held Crypto Many investors hold cryptocurrency in foreign exchanges or offshore accounts, raising questions about tax reporting obligations, particularly regarding FATCA Form 8938. Understanding these rules is crucial to avoid costly penalties. Key Focus: Compliance and

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March 7, 2025 No Comments
mining rigs for virtual currency
Tax blog
iFind Taxpro

The Taxation of Virtual Currencies

Understanding the Tax Implications of Virtual Currency Transactions The rise of virtual currencies, notably Bitcoin and other cryptocurrency, has brought about a new frontier in taxation. Navigating the complex world of cryptocurrency taxation is essential for individuals and businesses engaged

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August 23, 2023 No Comments
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