Bitcoin Mining Partnerships: Structuring for Success, Tax Efficiency & Long-Term Gains
Bitcoin mining partnerships can unlock powerful tax benefits but only with the right structure, planning, and tracking from day one. This guide breaks down LLC defaults, capital accounts, basis, distributions, and financial modeling so founders, investors, and CPAs can minimize surprises and maximize long-term Bitcoin-denominated returns.
Bitcoin Mining Tax Strategy: Maximize 2025 Deductions
Learn how Bitcoin miners can use 100% bonus depreciation in 2025 to cut taxes, boost cash flow, and scale smarter with the right mining tax strategy.
How the IRS’s New Revenue Procedure 2024-28 Changes Crypto Tax Reporting
Stay ahead of the curve with the IRS's latest crypto tax guidelines! Revenue Procedure 2024-28 introduces a groundbreaking safe harbor rule for allocating the basis of digital assets, effective January 1, 2025. In this detailed breakdown, TNF experts Noah Buxton and Nick Ward discuss how these changes impact crypto companies and individual investors alike. Learn about new wallet-specific tracking requirements, compliance tips, and the interplay with recent broker-dealer regulations. Whether you're a seasoned crypto pro or navigating taxes for the first time, this guide will help you prepare, optimize your records, and avoid potential IRS penalties. Read on for expert insights, practical strategies, and everything you need to tackle crypto taxes like a pro!