Virtual currency tax filing
How Citrin Cooperman Can Help
There has been significant misinformation in the cryptocurrency community regarding tax obligations. Many individuals incorrectly assumed that crypto-for-crypto trades were not taxable. More recently, the rise of DeFi and NFTs has created a gray areas in existing tax laws and regulations.
It is critical for early adopters to obtain the right tax advice, and file/amend prior returns as soon as possible to reduce or avoid interest and penalties. Please reach out to a Citrin Cooperman professional for help.
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