How are your cryptocurrencies being taxed? CoinDesk reports that the IRS currently is taxing cryptocurrencies generated through staking as income. Recently there has been a case against this, claiming tokens generated through staking are property and not income until sold. The trial is set to begin in March of 2023. The big picture is that the rules are not yet clear. If you are unsure or have questions regarding your digital assets, reach out to your trusted Prager Metis advisor for guidance. Click here for more information: Click Here
