Robin Singh is the founder of Koinly - a cryptocurrency tax solution that makes it easy for crypto investors to generate their income and capital gains reports. He is also a regular contributor on the topic of crypto taxes and has written for a number of blockchain publications.
U.K. tax returns are due on January 31 and HMRC is scrutinizing bitcoin and cryptocurrency transactions. Are your crypto tax returns up-to-date?
As 2019 comes to an end, it’s time to think about minimizing your tax burden. If you’re a bitcoin investor, calculating bitcoin taxes gets even more complex.
In this op ed, Robin Singh examines tax implications of forked coins and Specific Identification of bitcoin and other cryptocurrencies, according to recent IRS guidelines.