Bitcoin Mining Equipment Depreciation: Section 179 and Bonus Depreciation for 2024
Bonus depreciation dropped to 60% in 2024. Here's how miners should approach equipment deductions now.
Solana Staking Taxes: How SOL Rewards Are Taxed and How to Track Them Accurately
SOL staking rewards are ordinary income when received. The challenge is that 'when received' can mean thousands of micro-rewards.
Mining Pool vs. Solo Mining: How the Tax Treatment Differs
The income recognition timing for pool mining differs from solo mining. Here's how each is taxed and what records you need.
Home Office Deductions for Crypto Miners: What’s Deductible and What Isn’t
Crypto miners who operate from home may qualify for home office deductions. Here's how the IRS rules apply.
Electricity Deductions for Crypto Miners: How to Document Your Largest Expense
Electricity is typically the largest cost for crypto miners — and the most valuable deduction. Here's how to calculate and document it.
IRS Revenue Ruling 2023-14: What It Means for Crypto Staking Income
Rev. Rul. 2023-14 is the most significant IRS crypto guidance since 2019. Here's what it says and what it means.
The Ethereum Merge and Taxes: What Proof-of-Stake Means for ETH Holders
The Merge was one of crypto's biggest events. Here's what it means for the tax treatment of ETH holdings and staking.
Crypto Staking Taxes: What the IRS Says, What Courts Challenged, and What to Report
The IRS says staking rewards are income when received. A court case challenged that. Here's the current state of the law.
Crypto Mining Taxes: Hobby vs. Business — A Decision Worth Thousands
Whether mining is a hobby or business changes your entire tax picture. Here's how the IRS makes that call.