Navigating the complexities of cryptocurrency trading and its tax implications can be daunting. With the increasing scrutiny by tax authorities, receiving Tax Notices for Crypto trading, including an income tax […]
Can the Income Tax Office track cryptocurrency?
The simple answer is yes. In fact, YES, tracking crypto transactions is not as daunting as the prevailing market sentiment might suggest. Thanks to the foundational technology of cryptocurrency, blockchain, […]
From Crypto Gains to Tax Pains: Managing Your Crypto Portfolio
Navigating the ever-evolving landscape of cryptocurrency can be both exhilarating and challenging. As you delve into the world of Bitcoin, Ethereum, and beyond, the significance of adept portfolio management becomes […]
Crypto Tax Free Countries: List of Top 15
In 2024, some countries are like a haven for cryptocurrency enthusiasts and investors. These nations, often referred to as Crypto Tax-Free Countries, have made a bold move by becoming tax-free […]
How to Calculate Crypto Taxes for Free in India?
Cryptocurrency is gaining popularity rapidly. Many individuals are embracing it, and in certain regions, such as India, there’s a requirement to pay taxes on these digital assets. In this article, […]
Navigating the Complexities of Web3 Bookkeeping
Discover the limitations of traditional bookkeeping methods like Microsoft Excel when it comes to managing cryptocurrency transactions. Learn why manual data entry and the lack of real-time integration with crypto exchanges and wallets make them inadequate for handling the complexities of the digital currency landscape.
How to Calculate Crypto Taxes for Free on Catax?
As the tax season approaches, the complexities of managing finances become a prominent concern. Crypto taxes can be a puzzle with different rules for short-term and long-term gains, not to mention the specific regulations in each country.
Safety of Non-KYC Crypto Exchanges: How to Verify
In the fast-changing world of cryptocurrencies, non-KYC (Know Your Customer) exchanges have become quite popular. They offer a level of privacy and anonymity that you usually don’t see in exchanges […]
What is the 1099-DA for Crypto and How Will it Affect your Taxes?
Explore the significance of Form 1099-DA in cryptocurrency taxation. Discover why this new tax reporting form is essential, how it addresses existing flaws in 1099 reporting procedures, and its role in accurately calculating capital gains and losses for digital assets.