Do You Owe Taxes When You Transfer Crypto?
What the IRS Requires Many cryptocurrency holders assume taxes apply only when cryptocurrency is sold. For federal tax purposes, the IRS treats cryptocurrency as property. Taxes apply when there is a disposition, not simply when assets move between wallets or accounts. As a result, not every crypto transfer is taxable. This article explains when […]
Before You File: The Rules for Crypto and Digital Asset Reporting
If you received, sold, or exchanged crypto in 2025, the IRS requires you to report those transactions. Every digital asset transaction is treated as property and must be recorded in U.S. dollars at its fair market value. What the IRS Defines as a Digital Asset A digital asset is any digital representation of value recorded […]