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Members of the first family even launched their own meme coins earlier this year to decidedly mixed reactions.
Now, everyones paying attention to cryptocurrencies including the Internal Revenue Service.
Crypto investors need to understand the tax liabilities of their favorite digital assets, because the government certainly does.
Federal taxes arent your only liability.
States and even some local jurisdictions have their own rules regardingcryptocurrency taxation, which can vary significantly.
The herding-cats cliche seems appropriate, considering the frequency of trades serious investors make.
confirm you double-check your dates and decimal places, because mistakes here can really cost you.
Under-report, and you underpay; over-report, and you pay more than you should.
