Los Angeles CPAs

Get answers to your toughest tax preparation questions — tax laws, tax forms, informational IRS reporting requirements — directly from a 15+ years-experienced tax preparer in Burbank and Los [...]

What is Decentralized Finance (DeFi) and how is it taxed? Decentralized Finance is a quickly growing field of cryptocurrency that allows people to access financial services like trading, [...]

ICOs usually take place in the early stages of a project. ICOs were introduced with the idea to pre-sell coins/tokens to investors and fund new projects. A white paper is presented by the [...]

What is selfish mining? A selfish mining attack, also known as a block withholding attack, describes a malicious attempt to discredit blockchain network integrity. Selfish mining attacks occur [...]

While most of us know what a debit card is, it is still worth defining, as a crypto debit card is based on the same premise. A debit card is a plastic card with your relevant account information [...]

Track the cost basis of each inventory pool accurately and select the tax calculation method that is most beneficial to you. What are the different tax calculation methods available to crypto [...]

What is an Initial coin offering? Initial Coin Offerings (ICOs) are a popular fundraising method used primarily by startups wishing to offer products or services, usually related to the [...]

A cryptocurrency wallet is an app that allows cryptocurrency users to store and retrieve their digital assets. As with conventional currency, you don’t need a wallet to spend your cash, but it [...]

Crypto mining or trading? There is much more volatility in trading than mining, however, both are subject to the volatility of the market. If you mine Cryptocurrency A, and the value of it drops, [...]

Stocks have been around for centuries, while cryptocurrency has only existed for a little over a decade. Bitcoin was established in 2009, and we’re still in the early stages of the crypto [...]