Bitcoin rose from $8,000 per coin to over $40,000 in less than a year! That’s awesome, but now you have gains to account for in your tax return! Our...
Both Bitcoin and Ripple have become giants in the cryptocurrency world. Is that where the similarity ends? This article sent to us by Mintdice starts to answer that question...
We hear “Bitcoin” and “cryptocurrency” more frequently these days. They have becoming part of our every day language, and refer to an exciting new world of digital currency. It...
What Is a Solo 401(k)? You may be familiar with term 401(k), as we previously discussed. These plans became available in 1981 as a way for companies to help...
Many are in the group that thinks Satoshi Nakamoto’s Bitcoin was the first virtual currency. At Arizona Tax Advisors, our focus is on recent and forward cryptocurrency tax news, but...
It’s been over a year of SEC debate, IRS stumbling around on how to tax cryptocurrency, and uncertainty on what to do with bitcoin! IRS certainly wants their share...
Cryptocurrency ‘Mining’ is how many of the coins, including Bitcoin, are generated. We discuss the basics in our “What is Bitcoin” article. It takes a powerful computer to mine,...
The SEC has been putting up many barriers to stop bitcoin trading. The whole idea of cryptocurrency has the ability to change how currencies are used, and trading is...
Taking a step back, there is an underlying technology behind Cryptocurrency known as “Blockchain”, but what exactly does that mean? Also, as a surprise to many, Cryptocurrencies aren’t just...
Here at Arizona Tax Advisors we have discussed what Bitcoin is, and the potential for tax implications in a few posts, but how do you actually make money on...