Zac McClure, MBA, is an experienced financial accountant, specializing in cryptocurrency tax, international tax filing, corporate financial statements, as well as financial and legal consulting.
He is the author of Cryptocurrency Taxes in the U.S.: The TokenTax guide to all things crypto taxes, as well as numerous articles and webinars on the topic of crypto taxes. He was previously the Director of Strategy at Elsevier. Along with his career as an international financial accountant at JPMorgan, Imprint Capital and Bain, he has worked in more than a half-dozen countries helping different organizations with their financial statements.
His interest in cryptocurrency began while working on social impact investing with a Ripple investment opportunity in 2013. While doing his own crypto taxes, he discovered there were limited crypto tax software and accounting options for individuals and funds. Zac co-founded TokenTax to bridge the gap between the old and new worlds of finance.
Zac received his MBA with high honors from the University of Pennsylvania Wharton School as a Palmer Scholar. He received his undergraduate degrees in accounting and international business at the University of Southern California, graduating summa cum laude.
"Why NFT Tax-Loss Harvesting Remains a Challenge for Investors," Coindesk, 2022
Cryptocurrency Taxes in the U.S.: The TokenTax Guide to All Things Crypto Taxes, 2020
"Tax Guidance for Special Cryptocurrency Topics: Trading Bots, Algorithmic Trading, Margin Trading, Synthetic trades, and Decentralized Finance," Bloomberg Tax, 61 TMM 10, 2020
“IPOs Can Spring Tax Traps on Employees,” Accounting Today, 2020
"IRS Requires Disclosure of Cryptocurrency Transactions on Taxes," CPA Directory, 2020
"Why the IRS Should Treat Crypto as a New Asset Class," Coindesk, 2018
"NFTs are Proof That Tax Season Can Always Get Worse," by Kelli María Korducki, The Atlantic, 2022.
"Trading Crypto? Here’s What You Need to Know at Tax Time," by Karen Hube, Barron's, 2022.
"NFT Investors Owe Billions in Taxes and IRS Sets Sights on Evaders" by Allyson Versprille, Bloomberg Wealth, January 2022
"Solving the tax and cryptocurrency conundrum with Zac McClure and Arthur Teller from TokenTax," Karbon Magazine, December 2022
"Episode 7: TokenTax," Frog Radio, December 2022
March 28, 2023 — Singapore crypto tax regulations are generally favorable for both individuals and businesses, with no capital gains tax. Learn more in this comprehensive article from our industry experts.
March 16, 2023 — Puerto Rico crypto tax rules are highly favorable for bona fide residents and businesses. Learn more in this comprehensive article from our industry experts.
March 28, 2023 — There remain a number of crypto tax free countries around the world. Our experts cover the best crypto tax free countries for 2023 in this helpful article.
March 10, 2023 — Filing Uniswap taxes doesn’t need to be complicated. Learn about Uniswap taxes and more in this comprehensive article from our industry experts.
February 27, 2023 — Italy has updated their crypto regulations for the 2023 budget, with a 26% tax rate on all gains over €2,000. Learn all about crypto tax in Italy in this comprehensive guide.
February 23, 2023 — Portugal recently made a sweeping overhaul to their tax treatment of crypto. We cover everything you need to know in this article.
December 28, 2022 — NFT tax loss harvesting poses several unique challenges. Learn more about how to lower your taxes by selling NFTs held at a loss.
December 15, 2022 — Some states have implemented sales taxes for NFTs and other digital assets, while others have not. Because NFT marketplaces such as OpenSea cannot source and collect sales tax, the onus of collecting sales taxes may fall on NFT traders.
October 18, 2022 — Whether you're new to taxes or new to crypto, we introduce the terms you'll need to know to get smart about filing crypto taxes.
December 28, 2022 — Wondering how cryptocurrency is taxed in India under the new laws? Look no further; in this guide we outline how Indian crypto taxes work.
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