November 29, 2022
NFTs in your portfolio? If you are profiting, the IRS is not far behind.
The IRS does not view NFTs as vehicles for hidden or untaxable financial activities. Bitcoin, Ethereum, Chainlink, Cardano, Stellar and other cryptocurrencies are assets that exist only digitally on the Internet, but the IRS views them as property for taxation purposes. We have written previously about IRS taxation of gain from […]