Clarity and Confidence in Crypto Tax: Expert Articles from the Cartera Team.
The IRS publication, Revenue Procedure 2024–28, offers guidance on how taxpayers can allocate the cost basis of their digital assets (like cryptocurrency) for tax purposes. Here’s a simplified breakdown.
The world of cryptocurrency has exploded in popularity, but with its rise comes a new set of challenges — particularly when it comes to taxes.
From the foundational vision of Bitcoin to the ethos of decentralization and the ambitious future of finance, certain quotes have crystallized the core principles and aspirations of the cryptocurrency movement. We delve into three such pivotal statements.
Staking has emerged as a cornerstone mechanism in the decentralized finance (DeFi) landscape, offering a compelling way for participants to contribute to network security while potentially earning rewards. For many, it's a gateway to passive income within the crypto ecosystem, but understanding its underlying principles and strategic timing is key to maximizing its benefits.
Cartera is a crypto accounting tool that provides an accurate and automated solution to maintain tax compliance. This article explores the current market for DeFi accounting software, and discusses how Cartera substantially improves on existing offerings.