Viewing the articles in category: Cryptocurrency
October 22nd, 2024
Cryptocurrency sparks excitement in most New York based investors who are looking for new financial initiatives to strengthen their businesses. Cryptocurrency is a digital currency that does not have to follow the rules of any central government authorities.
October 22nd, 2024
New York is one of the highest-taxed states in America. While cryptocurrency is making waves in the financial world of New York, you need to tackle taxes smartly if you are to reap the rewards of joining the crypto network.
October 22nd, 2024
The world of cryptocurrency is rapidly evolving. Tax planning is no longer something that you can handle on your own as an investor for many reasons with the core reason being that crypto assets are highly volatile, requiring unique tax treatment.
October 3rd, 2024
Bitcoin Ordinals are a new way to own unique digital items using Bitcoin. Instead of just being a type of money, each tiny unit of Bitcoin—called a satoshi—can now hold special information, turning it into a collectible, much like how non-fungible tokens (NFTs) work on other platforms.
September 25th, 2024
If you are a startup seeking the latest financial trends in the business landscape to develop your business so that it can compete with your top contenders, crypto is a great way to get started. Once you discover the profitability of digital assets like cryptocurrency, you will find yourself knee-deep in crypto in no time.
September 25th, 2024
In the fast-paced world of cryptocurrency, many businesses are investing in this incredible financial opportunity despite the risks associated. Businesses investing in crypto should be aware of how to handle the challenges that come with cryptocurrencies and be proactive about it.
September 25th, 2024
Cryptocurrency bookkeeping is an essential service that you need for your business if you have integrated virtual currencies into your financial system. Accurate bookkeeping by professional crypto tax accountants ensures tax compliance during financial reporting.
July 1st, 2024
Margin trading allows cryptocurrency traders to open much larger positions with less capital by borrowing funds from an exchange. While this can amplify profits, it also dramatically increases losses if the market moves against you.
May 21st, 2024
As the world of cryptocurrency continues to grow, so does the need for proper tax reporting and compliance. The Internal Revenue Service (IRS) has made it clear that virtual currencies, like Bitcoin and Ethereum, are treated as property for federal tax purposes. This means that any time you sell, exchange, or otherwise dispose of your crypto, it is considered a taxable event, potentially resulting in a capital gain or loss that must be reported on your tax return.
Crypto tax accountants
© 2025 Onchain. All rights reserved.
Disclaimer: The logos on this website are copyrighted and registered trademarks of their respective owners. They are used for demonstration purposes only and do not imply endorsement.
Design and Development by AT Digital