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  • How is Bitcoin Mining Taxed?

    September 22, 2018
    How is Bitcoin Mining Taxed?

    Earlier, we covered how Bitcoins were taxed on the investor side ("How are Bitcoins Taxed?"), but due to the special nature of mining Bitcoins, we wanted to write another article dedicated specifically to taxes on mining Bitcoin. However, the taxes on mining and investing/trading actually go hand-in-hand, so it is very important to understand taxes on both situations. How are Mined Bitcoins [...]

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    How is Bitcoin Taxed?

    September 22, 2018
    How is Bitcoin Taxed?

    With the explosive growth of Bitcoin and other cryptocurrencies in the later part of 2017, everyone was enjoying huge profits off of either trading, investing or mining Bitcoins. While in the moment, most people simply enjoyed the profits they were recognizing and didn't worry about much else, especially taxes on cryptocurrency. Proper tax planning and understanding the tax laws is crucial any [...]

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