Cryptocurrency and Virtual Currency Accounting
Real Estate and Construction Accounting
Hello Saim, I’m curious about different exchanges and what should I do to keep a track of my taxes?
They work similarly as with other crypto. You have to keep track of your basis. Erc2.0 coins trading is not a like kind exchange, its a coin to coin exchange which is a Taxable event.
If confused, consult with your CPA.
© Saim Akif, 2021