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Cryptocurrency Trading Poses Unique Challenges for Tax Time

Cryptocurrency Trading Poses Unique Challenges for Tax Time | INN

Tax time is approaching, and for crypto investors that means navigating a quickly evolving arena when it comes to ensuring accurate financial reporting. Because of the unique characteristics of crypto trading, such as the large size of some trades as well as the ability to trade in a variety of jurisdictions, Vamshi Vangapally, the CEO and co-founder of the cryptocurrency tax software BearTax, said those trading in crypto have other factors to consider when filing their taxes.




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