TokenTax Blog

Coinbase may have reported information about your crypto to the IRS. Find out why, and learn how to properly file Coinbase taxes.

You can put cryptocurrency in an IRA account to grow your crypto investments tax free or tax deferred. We ranked the five best crypto IRA companies.

At the AICPA National Tax Conference, IRS officials stated that like-kind exchange was not intended to be allowed for cryptocurrency.

The 1040 Schedule 1 is one of the most common U.S. tax forms, and in the 2019 tax season, it may ask taxpayers whether they have transacted crypto.

In a new FAQ, the IRS has supplied new answers regarding cryptocurrency tax treatment for situations like crypto hard forks and air drops.

Help from TokenTax for protecting your crypto wallet: Import your crypto trading from any exchange and export the required bitcoin tax forms with TokenTax.

Bitcoin tax help in Japan from TokenTax: Import your crypto trading from any exchange and export the required bitcoin tax forms.

Why you should keep a running archive of your transaction histories for taxes, and how TokenTax can help if you lost trade data on Cryptopia

Bittrex is shutting down NY operations Bittrex was denied their a Bitlicense. Be sure to save your trade data just in case — you will need it for taxes

If you need to sell crypto to pay taxes but don't want to trigger taxable gains, you can take out a crypto loan. Learn crypto loans work and the tax benefits.

If you are trading, mining, or earning crypto income, then there could be benefits to creating an entity like an LLC or corporation for cryptocurrency

If you need more time after the U.S. April 15 tax deadline to complete your crypto taxes, you can file an extension. At TokenTax, we file extensions for free

On January 15, 2019, New Zealand based crypto exchange Cryptopia announced that they were hacked. How could this affect your taxes?

TokenTax has acquired Crypto CPAs, one of the first CPA firms in the crypto space. Their co-founder Andrew will be joining us as TokenTax’s Head of Taxation.

Crypto payroll tax guidance from TokenTax: Import your crypto trading from any exchange and also export the required bitcoin tax forms.

In the Ethereum community, DeFi, or Decentralized Finance, is all the rage. Many DeFi lending products have been built on top of the ERC-20 standard, and Uniswap is one such project that has recently captured the imagination of Ethereum enthusiasts. So let’s analyze these from a tax perspective, we are TokenTax after all.

The Canada Revenue Authority is now auditing users of bitcoin and other crypto assets, as per Forbes.

California lawmakers have introduced a bill that would allow cannabis-related business to pay taxes in stablecoins. This bill, Assembly Bill 953, would allow the state, city, and county offices in California to accept stablecoins starting January 1st, 2020.

Learn what to look for in a crypto tax advisor: Find a cryptocurrency tax professional familiar with crypto tax guidance and tax return filing

There are countless innovative implementations of this emergent tech that are powered by Ethereum, a token and decentralized app platform that encourages creative blockchain projects. Here are three such projects I’ve discovered that fascinates me due to their potential to revolutionize the way I do business.

Find out how TokenTax specializes in complex crypto tax situations.

Transaction history from exchanges is vital for reporting crypto taxes. If you lost data in an unexpected exchange shutdown, TokenTax can fill in the gaps.

Introducing our new affiliate program. Refer new users to TokenTax and earn 10% commission!

For tax reporting, users need to download their Liqui transaction history now, before it's gone forever.

Cryptocurrency has been defined as property or assets by government bodies, thus exempting it from wash sale rules — but what if policy changes?

The HMRC just released a policy paper outlining its most recent views on cryptocurrency taxation for individuals. Learn more about UK crypto tax from TokenTax

The Crypto Tax Loss Harvesting Dashboard is our tool for crypto investors to strategically identify what crypto losses to liquidate to save money on taxes

KPMG, a Big 4 Accounting Firm, released a report breaking down the cryptoasset space. This report provides an overview crypto's market and adoption

Ohio is the first United States state to accept bitcoin for taxes. Businesses in any part of the Buckeye State may now be able to pay their taxes in crypto.

On October 1, 2018, the IRS swore in a new commissioner, Charles Rettig. We explore how this can lead to an increased risk of a crypto tax audit.