Tynisa (Ty) Gaines

Tynisa (Ty) Gaines, EA

Project Manager, TokenTax

Experience

Tynisa (Ty) Gaines EA, is project manager at TokenTax. She has more than 20 years of experience as a tax professional, in situations ranging from retail offices to private EA/CPA firms. She has published and been quoted about tax topics in many publications, including Reuters and The Hill. She also wrote two tax e-books, as well as a scholarly publication on cryptocurrency in the National Income Tax Book.

Ty has also taught tax courses for local EAs and CPAs, Northern Virginia Community College, and the Virginia Tech Income Tax School.

Ty earned a B.S. in industrial psychology from the University of Illinois and an MPA in public personnel management from Troy University.

Media 

Publications

  • "The Challenges of Non-fungible Token Taxation," EA Journal, 2022.

  • Tax-ish: Teens 1.0

  • Tax-ish: Teens 2.0

Commentary

Interviews

  • The Newscast with Wolf Blitzer, CNN+, 31 March 2022.

  • WiB x TokenTax: Let's talk crypto tax basics, software, and more. Twitter Spaces with Women in Blockchain. 2022.

Latest articles by Tynisa (Ty) Gaines

How are Crypto Hard Forks Taxed?

October 18, 2022Crypto hard forks, like the Bitcoin fork, result in a new chain and new tokens. If you receive tokens in a hard fork, are they taxed?

Do I Need to Pay Crypto Self-Employment Taxes?

September 8, 2022What is self-employment tax and when do crypto traders need to pay it? Learn more.

How To Report Crypto on TurboTax

January 27, 2023Filing crypto taxes with TurboTax? Learn how to import your Form 8949 from TokenTax and report your crypto capital gains tax.

How to Reduce Your Crypto Taxes

August 17, 2022We're often asked how investors can minimize their crypto tax bill. Here are our top 5 tips.

IRS Letters 6173, 6174, and CP2000 and Crypto Assets

June 23, 2022Did you receive an IRS Letter 6173, 6174, or 6174-A or a CP2000 notice for your crypto taxes? Learn what these letters mean and what actions you need to take.

Crypto Tax Rates by Income Bracket (2023)

January 6, 2023How much is cryptocurrency taxed? Your crypto capital gains tax rates depend on your income level and how long you held the cryptocurrency. Find out more.

Does the Wash Sale Rule Apply to Crypto?

December 15, 2022Crypto wash sales are still technically allowed, but recent federal regulations are closing the loophole. Learn safe ways to harvest crypto tax losses.

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