by Amy M. Wall (Author)

In this 5th edition of Virtual Tax, Amy M. Wall, EA, MBA, explores the tax consequences of participating in the Cryptoverse, including the impact of the Infrastructure Investment & Jobs Act. We'll discuss the tax impact of yield farming, crypto-asset derivatives, and NFTs, as well as the more common crypto transactions such as mining, forks, airdrops, receipt of rewards from staking or loaning cryptocurrency. The tax treatment of losses due to theft, hacks and scams is also explored.