Cryptocurrency Tax News

Jul 4, 2021 — Players are making significant income on Axie Infinity. Learn how to report earnings from axies on your taxes.

Jul 4, 2021 — Recently, the IRS won John Doe summonses for several major crypto exchanges. We explain what this summons is and what it might mean for you.

Mar 1, 2021 — There’s a lot of uncertainty about the taxation of DAO (Decentralized Autonomous Organization) profits and payments. We outline what you need to know.

Jan 3, 2021 — If you’ve transacted on the Ethereum blockchain, you’ve paid gas fees. Learn how these fees may be able to offset your capital gains and income taxes.

Jun 3, 2020 — Tax authorities, like the IRS or CRA, may audit you if you traded cryptocurrency. Learn what to expect and how to prepare yourself for a crypto tax audit.

Mar 2, 2020 — Check out TokenTax’s recommendations for the best free and paid crypto bots for your cryptocurrency investing and trading.

Jan 1, 2020 — Earn cash or crypto with TokenTax’s bitcoin affiliate program. Learn how to create a TokenTax referral link to earn money.

Dec 3, 2019 — The IRS taxes crypto and has received user information from Coinbase for tax compliance purposes. Learn what Coinbase reports and what this means for you.

Nov 1, 2019 — You could avoid substantial tax costs by buying crypto with your IRA. Read our run-down of the top bitcoin IRA platforms.

Oct 3, 2019 — In a new FAQ, the IRS has supplied new answers regarding cryptocurrency tax treatment for situations like crypto hard forks and air drops.

Apr 4, 2019 — Bittrex is shutting down NY operations. Learn how to get your trade data for taxes if you are a New York Bittrex user.

Apr 2, 2019 — Thinking about getting a crypto-backed loan? Read about 8 leading DeFi and CeFi crypto lending platforms.

Apr 2, 2019 — 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

Mar 4, 2019 — If you need more time after the U.S. April 15 tax deadline to file your crypto taxes, you can file an extension. At TokenTax, we can file your extension for you

Mar 5, 2019 — California lawmakers have introduced a bill that would allow cannabis-related business to pay taxes in stablecoins.

Feb 2, 2019 — Do you need a crypto accountant? Learn the questions to ask when evaluating crypto CPAs.

Feb 3, 2019 — If you have a complex crypto trading history, missing trade data, or if you’ve been having trouble reconciling your taxes, TokenTax can help.

Jan 5, 2019 — Cryptocurrency has been defined as property or assets by government bodies, thus exempting it from wash sale rules — but what if policy changes?