1. Top 5 Tax Tips for Cryptocurrency Investors, Traders and Miners

    Here at Camuso CPA, we offer a wide array of tax services for investors including tax preparation and tax planning. Financial service companies are transitioning from employee driven revenue models to information driven revenue models. Camuso CPA strives to deliver useful insights and offer relevant explanations about the latest tax and financial topics. Reporting Is The Taxpayers Responsibility M…Read More

  2. The Current IRS Battle For Cryptocurrency Tax Information – Kraken Will Not Provide User Information

    Here at Camuso CPA, ,we offer a wide array of tax and accounting services for cryptocurrency investors and traders including tax preparation, tax planning and portfolio reconciliations. Financial service companies are transitioning from employee driven revenue models to information driven revenue models. Camuso CPA strives to deliver useful insights and offer relevant explanations about the la…Read More

  3. CryptoTax Nightmare: 10,000 Bitcoin Trades Net Swedish 300% Tax

    Here at Camuso CPA, we offer a wide array of tax services for investors including tax preparation and tax planning. Financial service and technology companies are transitioning from employee driven revenue models to information driven revenue models. Camuso CPA strives to deliver useful insights and offer relevant explanations about the latest tax and financial topics. A cryptocurrency trader in S…Read More

  4. Accounting Industry Rushing Into Cryptocurrency

    CPAs are late to the game but also rushing into the cryptocurrency space. As an industry leader in cryptotax services I have been able to observe how this niche sector is developing. It is not out of the ordinary for me to get targeted with ads from various franchise organizations to “double my accounting fees” by offering crypto tax services with no prior experience. This catches me off guard…Read More

  5. Cryptocurrency Tax Enforcement Heats Up Globally – Denmark Investigations

    Here at Camuso CPA, we offer a wide array of tax services for cryptocurrency investors including tax preparation and tax planning. Financial service companies are transitioning from employee driven revenue models to information driven revenue models. Camuso CPA strives to deliver useful insights and offer relevant explanations about the latest tax and financial topics. Denmark’s tax agency has …Read More

  6. Overstock First Company To Pay Taxes In Cryptocurrency

    Overstock, the US online retailer, announced that it will pay a portion of its business taxes in Ohio in Bitcoin. Earlier in November, the state of Ohio opened a cryptocurrency portal that allows businesses to pay 23 different taxes with the digital currency, ranging from cigarette and tobacco to fuel and sales taxes. Overstock will pay its eligible commercial activity taxes (CAT) via OhioCrypto.c…Read More

  7. Tax Implications of Paying Your Employees in Cryptocurrency

    Here at Camuso CPA, we offer a wide array of tax services for cryptocurrency investors and traders including tax preparation, tax planning and portfolio reconciliations. If you’re thinking about paying your employees in a cryptocurrency such as Bitcoin or if you are an employee interested in receiving it as a portion of your pay, there are a few tax implications you need to consider before doing…Read More

  8. What Investors Don’t Know About Tracking Cryptocurrency For Taxes and How It Will Hurt Them

    Here at Camuso CPA, we offer a wide array of tax and accounting services for cryptocurrency investors and traders including tax preparation, tax planning and portfolio reconciliations. Camuso CPA strives to deliver useful insights and offer relevant explanations about the latest tax and financial topics. How It Works How you report the cryptocurrency transactions will depend on how long ago you bo…Read More

  9. Form 1099-K: What Cryptocurrency Investors Need to Know in 2019

    Here at Camuso CPA, we offer a wide array of tax and accounting services for cryptocurrency investors and traders including tax preparation, tax planning and portfolio reconciliations. Camuso CPA strives to deliver useful insights and offer relevant explanations about the latest tax and financial topics. The IRS has demonstrated it intends to enforce existing 1099 reporting rules on cryptocurrency…Read More

  10. Why Cryptocurrency Investors Cannot Use Popular Tax Preparation Software

    Here at Camuso CPA, we offer a wide array of tax and accounting services for cryptocurrency investors and traders including tax preparation, tax planning and portfolio reconciliations. Virtual currency exchanges signed up millions of new users in 2018. However, cryptocurrency became an increasingly mainstream investment last year, and more and more people started trading at high volumes. By the en…Read More