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FTX, Celsius, and Crypto Exchange Bankruptcy Tax Treatment

Digital assets frozen in an exchange vault followed by a creditor claim and partial recoveries

A frozen crypto exchange account is not an automatic tax loss. Track original basis, the bankruptcy claim, recoveries, and the closing event.

Are Staking Rewards Taxable? What Rev. Rul. 2023-14 Says

Staking rewards passing through a dominion and control checkpoint into a fair market value tax ledger

Staking rewards are generally ordinary income at fair market value when a cash-method taxpayer gains dominion and control over the rewarded units.

DeFi Taxes: Swaps, Liquidity Pools, Lending, and Yield

Organized DeFi activity connected to separate tax record cards

DeFi tax treatment depends on the assets, rights, and income involved. Learn how to document swaps, liquidity pools, lending, rewards, and fees.

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