Cryptocurrency taxation

How to handle crypto trading gains and losses on your balance sheet

May 21, 2025balance sheet, Cryptocurrency taxation, reporting transactions0

Key takeawaysProperly accounting for crypto assets on your balance sheet is essential for accurate tax reporting and financial transparency.Crypto trading activities should be recorded like stock trading, at fair market value on the day of purchase.In some countries, like the US, crypto losses can offset gains, so keeping track of gains and losses is important...

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How to handle crypto trading gains and losses on your balance sheet

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