Tynisa (Ty) Gaines

Tynisa (Ty) Gaines, EA

Tax Expert, TokenTax

Experience

Tynisa (Ty) Gaines, EA is a project manager and expert writer at TokenTax. She has more than 20 years of experience as a tax professional in settings ranging from retail offices to private EA/CPA firms. Licensed in both tax preparation and audit representation, she has published and been quoted about tax topics in many publications, including Reuters and The Hill. She has also written two tax e-books as well as a scholarly publication on cryptocurrency in the National Income Tax Book, and her work has been featured in Accounting Today. She is currently the Editor-in-Chief for the EA Journal.

Ty has also taught tax courses nationally for EAs and CPAs, Northern Virginia Community College, and the Virginia Tech Income Tax School. She has been interviewed by MarketWatch and has appeared on Barron's Live and the Newscast with Wolf Blitzer.

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

  • Barron's Live, MarketWatch: How to Manage Your Investment Taxes, 22 February, 2023

  • 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 the IRS Tracks Crypto in 2025

December 4, 2024Learn how the IRS tracks cryptocurrency transactions, including blockchain analysis, exchange reporting, and tax implications for non-compliance.

DAC8: Your Guide to EU Crypto Tax Rule

November 28, 2024Learn about DAC8, the new EU crypto tax rule. Understand its impact, compliance requirements, and how it affects investors and service providers.

How the IRS Will Tax Bitcoin ETFs in 2025

December 26, 2024Learn about Bitcoin ETFs tax and what US taxpayers should expect from the IRS in terms of capital gains and tax brackets.

BOI Reporting for Business Owners

December 27, 2024The Corporate Transparency Act (CTA), effective from January 1, 2024, significantly changes business reporting requirements in the US.

How Are Crypto Losses Taxed in Canada? (CRA Rules 2025)

November 13, 2024Learn how to claim crypto losses in Canada, understand the superficial loss rule, and discover how TokenTax helps Canadian taxpayers.

Crypto Tax Mistakes to Avoid When Filing Taxes

December 30, 2024Learn about crypto tax mistakes to avoid when filing your crypto taxes. Avoid penalties and legal consequences by reporting all transactions

Crypto Staking Taxes for 2025

February 15, 2025Learn how crypto staking is taxed and how TokenTax can streamline your filing for IRS compliance.

Crypto Cost Basis: Methods and Calculations 2025

February 6, 2025Crypto cost basis includes the purchase price and fees, which are essential to calculate tax impact and ensure accurate reporting and comply with IRS rules.

Is Transferring Crypto Between Wallets Taxable? (2025 IRS Rules)

December 3, 2024Is sending crypto to another wallet taxable? Get insights into the tax implications of crypto transfers between wallets.

Your Guide to Filing for Crypto Tax Extension 2025

December 23, 2024The IRS allows taxpayers extra time to file with a tax extension. Learn the rules and how to apply for a crypto tax extension at TokenTax.

Expertise

  • Accounting
  • Cryptocurrency
  • Tax

Education

  • Troy University
  • University of Illinois

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