Crypto Taxes

“What happens tax-wise when I mine crypto?”

CommonDeep Dive · 60 min · $170

Crypto mining often has tax implications both when the coins are received and later when they are sold or exchanged. The treatment can depend on whether the activity looks like a hobby or a business, how regularly it is performed, whether there is a profit motive, and what records exist for mining rewards, equipment, and related costs. In many cases, the timing of income recognition, the fair market value of the coins at receipt, and the way expenses are documented all shape the result. State tax treatment can also vary, especially if mining occurs in a business setting. Working through the specifics with a CPA is the cleanest way to land on the right move.

In your 60-minute session, the KGOB advisor handling it will:

Read your exact situation and tell you, in plain English, what’s actually going on.
Lay out your options and the trade-offs — no jargon, no judgment.
Give you a clear next step you can act on, whether that’s with us or on your own.