Cryptocurrency Tax News
The latest developments in crypto tax
What To Expect From An IRS or CRA Crypto Audit
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.
The New State Tax Filing Deadlines for 2020
Mar 2, 2020 — The federal tax filing deadline has been pushed to July due to Covid-19, but you may still need to file earlier. These are the tax deadlines for each state.
The 8 Best Crypto Trading Bots on the Market
Mar 2, 2020 — Find the best crypto trading bots and arbitrage bots to help you make better trades. Automate trading 24/7 with proven algorithms and strategies.
Announcing Our Partnership with Blockfolio
Feb 3, 2020 — TokenTax has partnered with Blockfolio to bring seamless crypto tax filing to millions of cryptocurrency holders.
The TokenTax Cryptocurrency Affiliate Program
Jan 1, 2020 — Earn cash or crypto with TokenTax’s bitcoin affiliate program. Learn how to create a TokenTax referral link to earn money.
5 Things To Know About Crypto Taxes For Your 2019 Tax Return
Jan 5, 2020 — Learn everything you need to know for filing crypto taxes on your 2019 tax return. We go into detail about what's changed with crypto taxes in 2019.
Does Coinbase Report to the IRS?
Dec 3, 2019 — Coinbase may have reported information about your crypto to the IRS. Find out why, and learn how to file properly for digital currencies.
How To Invest in a Bitcoin IRA: The 5 Best Crypto IRAs
Nov 1, 2019 — 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.
The IRS Has Released Its First Crypto Tax Guidance Update Since 2014
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.
Bittrex Is Shutting Down in New York. It's Important to Save Your Transaction Data: Here's How
Apr 4, 2019 — 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
The 10 Best Custodial & Non-Custodial Crypto Loan Platforms
Apr 2, 2019 — Thinking about getting a crypto loan? Read about the best crypto backed loans available in 2020. Learn more about crypto loans without collateral in DeFi.
Should I Create an LLC or Corporation for My Crypto Activities?
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
What If I Can’t File My Crypto Taxes in Time? How Do Extensions Work?
Mar 4, 2019 — 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
California Looking to Legalize Crypto for Cannabis Tax Payments
Mar 5, 2019 — California lawmakers have introduced a bill that would allow cannabis-related business to pay taxes in stablecoins.
How To Find an Accountant for Cryptocurrency
Feb 2, 2019 — Learn what to look for in a crypto CPA: Find an accounting firm familiar with crypto accounting and tax return filing. Get your cryptocurrency taxes done right.
Having Trouble Reconciling Your Crypto Taxes? We Can Help
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.
Wash Sale Trading in Crypto: Is It Worth The Risk?
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?