Ask HN: How do I pay taxes on crypto/token trading
From what I have read and can assume, in the USA trades between tokens should be treated as tax events to apply short/long term capital gains and not like-kind exchanges - tax should be paid immediately (current tax cycle), rather than when exchanged back to fiat.
Does anyone have any useful resources or authoritative info & suggestions on how to go about calculating and reporting taxes on crypto and ethereum tokens?
Does anyone have any useful resources or authoritative info & suggestions on how to go about calculating and reporting taxes on crypto and ethereum tokens?
Thank you in advance.