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How to Shield Your Crypto Gains and Avoid Getting Audited for Your Crypto Trades in US
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cryptonews.comThe article is written by Jaideep Singh, CEO of AI-powered, SaaS platform FlyFin, Luke Olson, CPA, and Sridevi Yathirajyam, EA, FlyFin.
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With 2021 winding down, this may also mean that the clock is ticking toward another upcoming tax deadline for many people in the USA. January 15th is when quarterly taxes are due if you’re self-employed (i.e., full-time day trader, freelancer, creator, or gig worker). Any wise investor would know there’s no good hack to cheat the Taxman, and trying to do so may come back to bite you with nasty penalties. One area the government is even better at than taxing is applying penalties to taxpayers. There are, however, several sound steps you can take to shield your money and prevent the government from
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