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 on the principle of bridging 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.
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 Ally Verspille, 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
September 8, 2022 — NFT tax loss harvesting poses several unique challenges. Learn more about how to lower your taxes by selling NFTs held at a loss.
September 8, 2022 — Several states have announced intentions to apply sales tax to NFTs. We outline what's known so far.
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.
September 8, 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.
November 29, 2022 — New to personal finance? We offer a crypto-friendly intro to taxes, retirement savings, credit building, and more.
April 28, 2022 — Here's a list of IRS 501(c)(3) charitable organizations providing aid to Ukraine and accepting crypto donations.
September 8, 2022 — Spain is cracking down on crypto tax enforcement. Learn what you need to know to comply with existing tax guidance.
October 18, 2022 — Crypto assets are taxable in Australia. Learn more about how to report crypto on your tax returns.
October 31, 2022 — There are no capital gains taxes in the Netherlands, but a yearly wealth tax is imposed on assets. Learn more.
September 28, 2022 — Canada has very different tax treatment for business and personal crypto transactions. Learn more about each category.
Check out our plans and pricing to find out which solution best meets your needs.Review plans