Zac McClure, MBA
Co-Founder & CEO, TokenTax
Experience
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.
Media
Publications
"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
Commentary
"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
Interviews
"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
Latest articles by Zac McClure
Best Crypto Charts for Traders September 2023 (And How to Read Them)
September 28, 2023 — Discover the best crypto charts, chosen by our crypto tax professionals. Analyze crypto assets, read chart patterns, and make informed decisions.
12 Smart Strategies to Earn Passive Income with Crypto
September 25, 2023 — Discover smart strategies to earn passive income with cryptocurrency in 2023 and beyond. Explore a range of methods and minimize your risk.
Best DeFi Exchanges September 2023
September 20, 2023 — Discover the best DeFi exchanges and apps of 2023 with our expert recommendations. Whether you're a seasoned DeFi trader or a beginner, find the perfect platform to meet your crypto trading needs.
Best Crypto Exchange in Canada September 2023
September 20, 2023 — Explore our top picks for the best crypto exchanges in Canada for 2023, tailored to diverse trading preferences. Whether you're a seasoned trader or a beginner, our expert recommendations will help you navigate the Canadian crypto exchange landscape.
The Best Bitcoin Mining Machines in September 2023
September 20, 2023 — See our expert choices for the top Bitcoin mining machines in 2023, and learn about profitability, taxation, and other factors that impact crypto miners.
Best Crypto Wallets of September 2023
September 20, 2023 — Explore the top crypto wallets available on the market today. Our experts have reviewed wallets including Coinbase, Exodus, and Ledger to help you quickly select the best wallet for your crypto goals.
Best Crypto Exchanges & Apps September 2023
September 20, 2023 — Quickly find the best crypto exchange for your goals with our experts' top picks. Learn more about what sets our top crypto exchanges apart from the rest.
Best Crypto Staking Platforms in September 2023
September 20, 2023 — Our experts have sourced the best crypto staking platforms and exchanges available today. Quickly find the best crypto staking platform for your goals and understand the risks involved.
What Is Bitcoin Halving? What It Means and How It Works
August 1, 2023 — Bitcoin halving is a fundamental rule that serves to limit the total supply of Bitcoin. The next Bitcoin halving is anticipated in April, 2024. Learn more.
The Ultimate Crypto Tax Audit Guide for 2023
September 25, 2023 — Avoid crypto tax audit risks. Report accurately, use crypto tax software, and consult experts for a smooth tax season.
Expertise
- Accounting
- Corporate Financial Statements
- Cryptocurrency Tax
- Financial & Legal Consulting
- International Tax Filing
- NFTs
Education
- University of Southern California
- The Wharton School of Business
Social
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