2017 was a big year for crypto, but as we saw those numbers going up, I don’t think many of us were thinking about the potential tax consequences. Now that the year is over, my goal is to educate you on how cryptocurrency is taxed in order to help you determine if you owe taxes on your trades, and if so, how much.
This course walks you through everything you need to know when it comes to crypto taxation. We will discuss taxable events, gains, losses, trading, like-kind exchanges, mining, forks, and more! I will also explain the differences between the 2017 and 2018 tax laws, as they apply to crypto, and I'll share some tax strategies for you to use going forward. I will guide you through the tax consequences of each transaction and help you avoid costly errors on your taxes.
You may think that the lack of IRS guidance is an excuse to not report your crypto dealings on your tax return, but unfortunately, not reporting your crypto gains/losses is tax fraud, and can result in high penalties and interest down the road. Let me help you get tax compliant and get the peace of mind that you need.
Hi! I’m Laura and I am a CPA and cryptocurrency tax specialist. I am here to bring tax clarity to those who have bought, sold, mined, or traded in cryptocurrency, or to those who are looking to do so in the future. My goal is to making cryptocurrency taxation simple and easy to understand. I have prepared taxes for individuals, small-business owners, C-suite level business executives, expatriates, students, high-income earners, low-income earners, etc. I really love to help make taxes as easy and stress-free as possible. I hope I can teach you something new!