Happy Halloween! Here are some scary tax posts for today 👻 🎃 Forget ghosts and vampires. If you really want to terrify an Enrolled Agent this Halloween, just tell me you’ve been doing crypto-to-crypto swaps all year without tracking your cost basis. 🎃👻📉 🧟♂️ Zombie Tax Preparers: Shady "professionals" claiming fake digital asset losses for clients who don't even own crypto, risking your freedom for a fraudulent refund. (Always review your return before signing!). 🕸️ The 1099-DA Jump Scare: The new broker reporting rules that will report your gross crypto proceeds to the IRS next year, leaving you to untangle the messy cost-basis web on your own. Stay safe out there, don't blind-sign your tax returns, and keep your cold storage seed phrases away from the trick-or-treaters. 🍫🪙
Ralph Mendoza, EAShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.