Monthly Archives April 2022

Incorrectly Reporting Cryptocurrency Transactions on Your Tax Return Can Raise Red Flags

  Is cryptocurrency here to stay, whether as a “digital asset” or an actual form of currency? At this point, only time will tell. But crypto is here now. And the IRS is zeroing in on this financial instrument. A fact that’s of genuine concern to all tax filers currently trading or exchanging cryptocurrency. Here’s what to watch out for… New Standardized Crypto Question on 2021 Tax Forms On this year’s 1040 standard form, you’ll
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