by Noah Green CPA CFE | Jul 14, 2026 | Collectibles Tax Notes
The short version If you are buying sneakers, limited drops, hoodies, bags, or other streetwear to flip through online marketplaces, the tax question is usually not whether the item is a “collectible” taxed at 28 percent. The question is whether you are...
by Noah Green CPA CFE | Jul 12, 2026 | Collectibles Tax Notes
The short version If you flip a Rolex, Patek Philippe, Audemars Piguet, or another luxury watch, do not assume the tax answer starts and ends with “collectible.” Watches are not named in Internal Revenue Code Section 408(m), and no final Treasury...
by Noah Green CPA CFE | Jul 10, 2026 | Collectibles Tax Notes
The short version In February 2026, a 1998 Pikachu Illustrator card reportedly sold at auction for 16.49 million dollars. That is the headline number, but it is not the tax answer. For Pokemon and other trading-card-game collectors, the federal tax result depends on...
by Noah Green CPA CFE | Jul 8, 2026 | Collectibles Tax Notes
The short version Sports card taxes are not just about what a card sold for. The federal tax answer can turn on how long you held the card, whether it is treated as a collectible capital asset, what you can prove as basis, whether you are a collector or a dealer, and...
by Noah Green CPA CFE | Jul 8, 2026 | Sheepdog Tax Digital Asset Tax Notes
By Noah Green, CPA, CFE, for Sheepdog Tax. The short version Yes. Crypto does not sit outside the tax collection system just because it lives on a blockchain. For federal tax purposes, the IRS treats virtual currency as property, and the federal tax lien attaches to...
