Coinbase Archives

All is fine and dandy in the world of tax-prep so long as you are losing money on a business venture or investment. But the moment you start to earn those highly-sought profits, everything quickly changes (the epitome of first-world-problems).

That $5,000 worth of Dogecoin you bought back in 2013 would be worth $3,461,538 in today’s dollars, a hefty sum – but… is it taxable?