x
Black Bar Banner 1
x

Alert!  New Secured Wallets are installed! new Blog system with AI  power and auto blog curation coming soon  Alert! 

Ads by Markethive - View All
Blogs
The Blog Feed
Write a New Blog Post
Search Blog Status
Most Viewed
Most Recent
Most Shared
Alphabetical
Blog Main Menu
Markethive Blog (default)
All Blogs
My Blog Posts
Friends' Blogs
Blog Categories
All
Advertising
Blockchain & Cryptocurrency
Business Development
Diet & Weight Loss
Environmental
Health and Wellness
History and Culture
Home and Garden
Marketing
Mentoring & Training
Money & Finance
Other
Political
Prayer & Religion
Programming & Technical
Real Estate
Search Engine Optimization
Social Media
Spirituality
Sports & Recreation
Transport
Travel & Events
Website Design
Blogging Tools & Assets
My Blog Info
Members Subscribed to You
Blogs You Are Subscribed To
Website Widget
Wordpress Plugin

Avoid GIANT Unexpected Tax Bills on Cryptocurrency Trades

Posted by Richard Garcia on May 07, 2021 - 3:57pm Edited 5/7 at 3:58pm


Cryptocurrency Explained: Avoid GIANT Unexpected Tax Bills on Cryptocurrency Trades [2021]

971 views

•May 7, 2021

aantonop

Wait, I have to pay taxes on crypto-to-crypto trades AND selling bitcoin, ethereum tokens, or other cryptoassets for fiat?!? Maybe. In many places, you owe taxes on the money you make from investments - yes, taxes on crypto investments. In the last bull market, lots of people got rekt because they didn’t know the basics about taxes and crypto investments. But you can learn from their mistakes! While Andreas isn't a tax professional, in this video he explains some of the ways people have gotten hurt in the past and how you can avoid those pitfalls. Watch this if you're planning to sell or trade bitcoin, ether, or any other crypto investment.

This isn't tax advice, Andreas is not a tax professional. If you're concerned about these issues (and you probably should be) then find an attorney or accounting professional in your area who can teach you about local laws that apply to you and your specific trading activities.

Comments...

I just love how his channel icon is his hairline. What a boss

I heard Michael Saylor quote Andreas last week!

Andreas always seeking ways to provide value. One of crypto’s original “gems” 💎

Thank you always Andreous!

great video

Care taker administration probably also need some caretaking for themselves in a nursing home

 

Corneliu Boghian thanks for info
May 27, 2021 at 5:02am
Gerald Roberts Good educational video, observe the rules because the IRS can get very aggressive.
May 18, 2021 at 2:29am
Caleb Mpamei Thanks for the very important information here.
May 8, 2021 at 7:07am