“Never was so much owed by so many to so few.” –Winston Churchill (during World War II) Today America celebrates Veterans Day, and it’s a great opportunity for us to thank all our veteran clients, followers and partners who served. We’d also like to tell you about some of the veterans who have become successful […]
On November 2nd, 2019 Huobi, the Singapore-based Cryptocurrency Exchange, announced that they will freeze all accounts of its US based users on November 13th. You should move your crypto assets before then and also download your transaction history for record keeping and crypto tax filing. You can create a Huobi US account or transfer your assets […]
October 18th, 2019, Poloniex announced their spin out from Circle into a new company, Polo Digital Assets. This will allow them “to focus on the needs of global crypto traders with new features, assets and services.” While for some clients that might sound like exciting news, for US based customers of Poloniex it is an […]
This week, on October 9, for the first time since 2014 the IRS issued a new guidance about cryptocurrency taxes. With already a lot of uncertainty with the IRS policy around crypto, we decided to put together this brief guide about what this new piece of guidance means for you. There are two new pieces […]
Recently we published several updates about the IRS letters CP2000, 6174, 6174-A and 6173 sent to cryptocurrency investors. We received so many questions from our clients and followers that we decided to organize a live webinar on this topic. In case you missed it on Friday, August 30, we publish the recording. Speakers: […]
Binance announced that US based account holders will lose trading access on Binance in September in preparation for Binance launching a US based exchange. In addition, there may be certain assets which you should transfer off (to one of your wallets or exchange) in order to not lose access to them.