Hello, crypto enthusiasts! Jessica from Beta Virtual Assistance here, and with the USA tax deadline looming, let's delve into the dynamic world of crypto tax reporting. Today, I'm shedding light on a game-changing concept: Depot Separation. The Tax Season Sprint As we race to meet tax deadlines, it's been a whirlwind of client calls and reconciliations. Just minutes ago, I was breaking down … [Read more...]
From Procrastination to Proactive: Last-Minute Crypto Tax Insights!
Hello, crypto enthusiasts! Jessica here from Beta Virtual Assistance, basking in the fall sunshine for another round of Tuesday Tips. As we approach the final stretch for USA tax investors to file their taxes, I wanted to share a recent success story that might resonate with some of you. Last-Minute Tax Woes and Triumphs I received a call on Sunday night from a gentleman who had purchased … [Read more...]
Unlocking the Future: Insights from the Pacific Bitcoin Festival
(This post is from our series of Facebook Lives. Catch the next one on our Facebook channel.) Introduction Hello, crypto enthusiasts! Today, we're diving into the exciting world of crypto investments. Specifically, we'll explore the key takeaways from the recent Pacific Bitcoin Festival hosted by Swan Bitcoin. Over two days, this event was a treasure trove of insights and revelations about … [Read more...]
Decode Your Crypto Taxes: The Art of Choosing the Perfect Tax Method
(This post is from our series of Facebook Lives. Catch the next one on our Facebook channel.) Introduction Today, as usual, we're diving into the world of crypto taxes. In this blog post, we'll discuss the critical step of choosing the right tax method when reporting your crypto transactions. This is essential for US investors and some other countries, as it can significantly impact the … [Read more...]
Crypto Taxes Unveiled: How to Navigate the Complex World of Taxation
Explore the world of cryptocurrency taxation and learn how to report your crypto income and gains accurately. Discover the power of CoinTracking software and expert guidance in managing your crypto tax liability. (This post is from our series of Facebook Lives. Catch the next one on our Facebook channel.) First, before we get too far, this blog post may contain links to products that we have … [Read more...]
The Crypto Week in Review: ETFs, Gensler’s Grilling, and the Defi Debate
Welcome to our End-of-September edition of the Crypto Week in Review! Today we're diving into the latest developments in the world of cryptocurrency, from ETFs to regulatory challenges and the ongoing Defi debate. So grab your coffee and let's get started! (Links to the stories that we are referencing are included below.) (This post is from our series of Facebook Lives. Catch the next one on … [Read more...]
Crypto Tax Planning 101: How to Offset Large Gains with Smart Loss Management
Learn the essential strategies for crypto tax planning, including how to offset substantial gains with smart loss management. Don't miss the deadline—get valuable insights now! (This post is from our series of Facebook Lives. Catch the next one on our Facebook channel.) Hey there, crypto enthusiasts! Today, let’s talk about a topic that's vital for anyone involved in cryptocurrencies: … [Read more...]
Maximizing Your Crypto Tax Strategy: Tips for Reporting Income and Expenses
Explore the complexities of crypto income and taxes in this comprehensive blog post. Learn how different types of crypto income, from capital gains to mining, impact your tax liability. Discover valuable insights on reporting expenses and optimizing your tax strategy. Stay informed and make the most of your cryptocurrency investments. (This post is from our series of Facebook Lives. Catch the … [Read more...]
Unlocking Crypto Wealth: How Online Courses and CBDCs Can Fund Your Investments
Explore the implications of Central Bank Digital Currency (CBDC) on financial privacy and learn how Marisa’s Experience Product Masterclass can help you create and market your crypto-related products more effectively. (This post is from our series of Facebook Lives. Catch the next one on our Facebook channel.) Introduction Good day, crypto enthusiasts! We’re here to discuss all things … [Read more...]
Crypto Tax Alert: The Celsius Dilemma and Its Impact on Your Financial Strategy
Explore the tax consequences of investing in Celsius and learn why reporting your crypto earnings is crucial. Discover strategies to optimize your holdings and stay compliant. Introduction Hello, dear readers! This is Jessica from Beta Virtual Assistance, and today I want to delve into a topic that's been making waves in the cryptocurrency community – the Celsius situation. If you're a … [Read more...]