The IRS crypto guidelines are clear on what cryptocurrencies are. And with how they’re proceeding, there could be more complex…
Cryptocurrency
All about various cryptocurrencies, their technology, token economics and various informational posts
What to do when a cryptocurrency exchange shuts down?
Today, there are thousands of crypto exchanges. Some have closed because of regulations. Others were hacked. Before we go into…
Why do we need to pay taxes on Bitcoin?
Bitcoin is decentralized, but not anonymous. For it to be legalized as a monetary product, it has to be regulated.…
How to activate your BearTax account
To help you be secure and have a legit usage of your email, we have an extra step of validation…
How to connect your Bittrex account to BearTax for calculating taxes?
Bittrex has been one of the earliest widely-used exchanges in the cryptocurrency space. Here we discuss how you can connect…
IRS guidance on cryptocurrency [Updated 2020]
IRS has provided updated guidance. Here is our comprehensive analysis of the guidance, steps by the IRS in educating users…
How do I import Ethereum transactions to BearTax?
We’ll go through the instructions on how we can import transactions on Ethereum blockchain to BearTax and calculate your gain/loss…
BearTax Referral Program – Earn $10 for every referral
Making money with our generous referral program was never been easier. Refer your friend, fam or tribe to signup for BearTax using your link and you earn $10 for every successful referral.
IRS Notice CP2501 and CP2000 for Cryptocurrency Traders
Received IRS notice cp2501 or cp2000 stating that you have under-reported your cryptocurrency on your tax returns, then you are not alone. Read more…
What is 6174-A, notice from IRS to cryptocurrency traders
IRS, Internal Revenue Service – the tax authority in the United States has sent out notices to thousands of cryptocurrency…