Six tax planning strategies for low-cost-basis cryptocurrency

 Though the following article from the TAX ADVISORY was written for accounts, if you invest in crypto currencies it is a excellent template for planning your crypto transactions. The IRS is currently working
hard on getting on top of all crypto transactions which are required to be reported on your US tax return. For 2020 they will have a yes or no question asking if you own crypto currency.  They can later your answer against you for civil and criminal penalties if they discover you did not answer truthfully.

READ ARTICLE FROM TAX ADVISOR HERE