OST LIVE - Blockchain, Brand Tokens, and Token Economies
Crypto Tax Best Practices in 2019
It’s tax season in the U.S. and the SEC has stated that cryptocurrencies are to be treated as property, and therefore taxable. Exchanges such as Coinbase have released crypto tax reporting tools to help users file their gains or losses. Zac McClure, co-founder of TokenTax, will join us to discuss the implications of taxes on cryptocurrency. TokenTax reports cryptocurrency capital gains and income taxes and supports over 30 exchanges. McClure will provide a global perspective on crypto tax regulations as well as common practices for U.S. taxpayers.
TokenTax: https://tokentax.co
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