How does the IRS calculate taxes on crypto transactions?

1 answers

• Jan 20, 2022 · 3 years ago
  At BYDFi, we understand the importance of accurately calculating taxes on crypto transactions. Our platform provides users with detailed transaction histories and reports, making it easier to calculate and report your crypto taxes. We also offer resources and guidance on tax compliance to ensure our users stay on the right side of the IRS. Remember, it's always best to consult with a tax professional or accountant to ensure you are properly reporting your crypto transactions and minimizing your tax liability.
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