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HomeCrypto to FIAT: The Consequences of ConversionHarry Shurek

Author: Harry Shurek

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Crypto to FIAT: The Consequences of Conversion

More individuals and businesses are turning to crypto as a form of payment and a means of holding value. However, with this increased use comes the need to understand the tax implications of converting crypto to FIAT.

Harry Shurek
The Crypto Accountant™ has been helping the crypto community, businesses, and investors understand and implement best practices when it comes to crypto accounting, bookkeeping, and taxes since 2017.
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TheCryptoAccountant
  • Home
  • Services
    • Tax Services
      • Personal Income Tax Preparation and Planning
      • Business Income Tax Preparation and Planning
      • Cryptocurrency Tax Compliance
      • Tax Advisory And Consulting
      • Tax Resolution and IRS Representation
      • State and Local Tax (SALT) Services
      • International Tax Planning and Compliance
      • Tax Credits and Incentives
      • Estate and Trust Tax Planning
      • Sales and Use Tax Services
    • Audit Services
      • Financial Statement Audit
      • Internal Controls Audit
      • Compliance Audit (Industry Specific)
      • Cryptocurrency Industry Audits
      • Employee Benefit Plan Audits
      • Due Diligence Reviews
      • Operational Audits
      • IT Systems and Security Audit
      • Risk Management Audit
      • Blockchain and Smart Contract Audits
    • Accounting Services
      • Bookkeeping and General Ledger Maintenance
      • Financial Statement Preparation and Analysis
      • Accounts Payable and Receivable Management
      • Cash Flow Management and Forecasting
      • Budgeting and Financial Planning
      • Payroll Processing and Tax Filings
      • Cost Accounting and Cost Analysis
      • Inventory Management and Valuation
      • Fixed Asset Accounting
      • Forensic Accounting and Fraud Examination
    • Consulting & Advisory Services
      • Business Start-up and Entity Selection
      • Business Planning and Strategy
      • Financial Analysis and Reporting
      • Cash Flow Analysis and Management
      • Merger and Acquisition Due Diligence
      • Business Valuation Services
      • Succession Planning and Exit Strategies
      • Financial Systems Implementation and Integration
      • Internal Control Assessment and Improvement
      • Risk Management and Compliance
    • Crypto Industry Specific Services   
      • Crypto Tax Return Review and Analysis
      • Crypto Tax Planning and Optimization
      • Crypto Tax Education and Training
      • Crypto Tax Dispute Resolution
      • Crypto Tax Compliance and Reporting
      • Crypto Mining and Staking Taxation
      • Crypto Investment Portfolio Analysis
      • Crypto Exchange and Wallet Audit and Reviews
      • Crypto Estate Planning and Inheritance
      • Crypto Accounting and Recordkeeping
      • Cross-Border Crypto Tax Matters
      • Blockchain Technology Consulting
      • Crypto Valuation for Charitable
      • Donations
      • Cryptocurrency Regulatory Compliance
      • Cryptocurrency Business Formation and Structuring
      • DeFi (Decentralized Finance) Tax Considerations
      • NFT (Non-Fungible Token) Taxation
      • Crypto Estate Planning and Inheritance
      • Tokenomics and Token Valuation Analysis
      • Tax Implications of Crypto Airdrops and Forks
      • IRS Cryptocurrency Disclosure Assistance
  • About Us
  • Contact
  • Client Portal
  • Blog
Metaverse Office