How to Deduct Crypto Losses from Your Taxes
Cryptocurrency markets are highly volatile, and many investors experience losses when selling or tra...
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What Happens If You Don’t Report Your Crypto Transactions?
Cryptocurrency transactions are subject to taxation, and the IRS and CRA have increased their enforc...
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The IRS’s New Rules on Cryptocurrency and NFTs for 2025
As the cryptocurrency and NFT markets continue to grow, the IRS has implemented new tax regulations...
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How to Handle Taxation on Foreign Rental Income
Owning rental property in a foreign country can be a lucrative investment, but it comes with tax obl...
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Tax Deductions Available for Freelancers and Independent Contractors
Freelancers and independent contractors in Canada and the U.S. are considered self-employed, meaning...
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How to File a Foreign Trust Report (IRS Form 3520)
U.S. taxpayers who have financial interests in a foreign trust or receive large gifts from foreign i...
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March 27, 2025