How do I account for ETH Gas Fees?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact How do I account for Eth Gas fees? Hey Saim, I know about crypto taxation but can you please help in accounting Eth […]

Crypto Hobby vs Crypto Business Tax Implications

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact What are the Tax Implications for a Crypto Hobby vs a Crypto Business Hey Saim, good morning, can you list the different implication […]

What do I do when my crypto hobby becomes a crypto business

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact I was trading Crypto as a hobby but now it’s a full time gig, what do I do? Hello Saim, I now deal […]

Setting Up Your Crypto LLC Explained

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact Can I set up a Crypto LLC? Hey Saim, is legal to set up your Crypto LLC and what are some details that […]

What are Crypto Long Term Capital Gains

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact What are crypto long term capital gains? Good morning Saim, can you please elaborate on crypto long term capital gain and its rates? […]

ETH to Wrapped Eth – Is a Taxable Event

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact I converted Eth to Wrapped Eth (WETH), is that a taxable event? Hey Saim, I converted ETH to another version called WETH. I’m […]

How do I track my Income in DeFi Protocols?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact I am involved in DeFi protocols (staking, yield farming, nodes etc), how do I track my income? Hi Saim, lately I’ve been involved […]

How Do I Track My Profit And Loss On Multiple Crypto Wallets

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact I have multiple wallets on more than one exchange, how do i track my profit and loss? Hey Saim! I trade cypto using […]

How Do I Calculate my Crypto Tax for Yearly Trading?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact How do I figure out my Tax from all the crypto trading I have done this year? Hey Saim, I’m trying to calculate […]

How do I report crypto gains and losses on my tax return?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact How do I report cryptocurrency gains and losses on my tax return? Hey Saim! I know that crypto is taxed as a capital […]