Around The Coin cover image

Jon Lerner, Co-Founder and CEO of CoinTracker

Around The Coin

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Is There a Tax Implication for Short Term Capital Gains?

The tax implications are much higher for short term than they are for long term. The government is trying to incentivize people to buy and invest in things long term. There's a lot of things you can do to kind of optimize your taxes, especially if it's automated. But I think these are kind of easy to understand, like examples of the implications of not thinking about taxes year round.

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