DondaejiDelightful
Wed Jul 17 2024
|
10 answers
2135
Do I need a tax advisor for a crypto gift?
As a cryptocurrency investor, I'm considering gifting some digital assets to a loved one. Given the complexity of the tax landscape surrounding cryptocurrencies, I'm wondering if I should seek the advice of a tax advisor. After all, I want to ensure that both the gift and its potential tax implications are handled correctly. Could you elaborate on the potential tax implications of a crypto gift and whether engaging a tax advisor is a prudent decision in this case? Specifically, I'm curious about any differences in treatment depending on whether the assets are considered a taxable event, and the steps I should take to mitigate any unexpected tax liabilities.
