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Our Experts Reveal: Don’t Wait Until the Last Minute to File Your Crypto Taxes in 2024

May 20, 2024 - File crypto taxes on time with TokenTax's expert services. Learn why waiting until the last minute could cost you, and get valuable tips for a hassle-free tax season.

What Business Owners Need to Know About Beneficial Ownership Information (BOI) Reporting

May 20, 2024 - The Corporate Transparency Act (CTA), effective from January 1, 2024, significantly changes business reporting requirements in the US.

Are There Tax Benefits for Married Couples in Canada?

May 20, 2024 - Discover the tax advantages for married couples in Canada. Unravel the complexities of filing, credits, and benefits for a smoother tax season.

Does Kraken Report to the IRS?

May 20, 2024 - Learn about Kraken's IRS data sharing, its impact on crypto users and their tax responsibilities, and how TokenTax can help affected users.

Best Crypto Portfolio Tracker May 2024

May 20, 2024 - Discover our expert picks of the best crypto portfolio trackers. From our top pick Delta to Shrimpy for social trading, we’ll help you find your ideal tracker.

Top 10 Best Crypto Coins to Stake in May 2024

May 20, 2024 - Discover the best crypto coins to stake in 2024, featuring high-yield options, stable choices, and affordable alternatives for crypto staking success.

Best Crypto Exchange in the UK May 2024

May 20, 2024 - Discover the best crypto exchanges in the UK. Our expert reviews help you make informed choices, and we explain the methodology behind our picks.

How Are Crypto Losses Taxed in Canada? (CRA Rules 2024)

May 20, 2024 - Learn how to claim crypto losses in Canada, understand the superficial loss rule, and discover how TokenTax helps Canadian taxpayers.

Bitcoin Halving Dates: Bitcoin Halving 2024

May 20, 2024 - Bitcoin halving is a fundamental rule that limits the total supply of Bitcoin. The next Bitcoin halving is anticipated in April, 2024. Learn more in our comprehensive guide.

Costly Crypto Tax Mistakes to Avoid When Filing Your Crypto Taxes

May 20, 2024 - Learn about costly crypto tax mistakes to avoid when filing your crypto taxes. Avoid penalties and legal consequences by accurately reporting all transactions.

Crypto Cost Basis Guide: Everything You Need to Know to File Your Taxes

May 20, 2024 - Crypto cost basis is necessary to properly determine the tax consequences of crypto transactions. It represents the original purchase price of a crypto asset, in addition to associated acquisition fees.

Is Transferring Crypto Between Wallets Taxable? (2024 IRS Rules)

May 20, 2024 - Is sending crypto to another wallet taxable? Get insights into the tax implications of crypto transfers between wallets.

What If I Can't Pay My Crypto Taxes?

May 20, 2024 - If you aren't able to pay your tax liability in full, the IRS offers payment plan options. Find out more.

6 Crypto Tax Headaches and How to Avoid Them for 2024 NFT Sales

May 20, 2024 - Did you hit roadblocks while reporting your crypto taxes? We list some of the most common challenges and what you can do to avoid them next year.

Can I Deduct Crypto Tax Software from My Taxes?

May 20, 2024 - Individual taxpayers used to be able to deduct tax preparation fees, but this changed in 2018. Find out if you can still write them off.

Tax Tips for Surviving Crypto Winter

May 20, 2024 - In the crypto bear market, there are several tax strategies you can use to save money. Read more in this expert-written guide.

The Essential Guide to Crypto Tax in Portugal for 2024

May 20, 2024 - Portugal recently made a sweeping overhaul to their tax treatment of crypto. We cover everything you need to know in this article.

Crypto Tax Free Countries for 2024

May 20, 2024 - There remain a number of crypto tax-free countries around the world. Our experts cover the best crypto tax-free countries for 2024 in this helpful article.

Your Guide to Crypto Mining for 2024

May 20, 2024 - What is crypto mining? Learn how crypto miners generate, validate and secure Bitcoin and other cryptocurrencies and receive rewards in return.

Intro to Crypto Estate Planning

May 20, 2024 - Crypto assets can be a burden for the executor and beneficiaries of an estate. Find out how to streamline the process with your crypto estate planning.

Guide to IRS Letters: 6173, 6174, and CP2000

May 20, 2024 - Did you receive an IRS Letter 6173, 6174, or 6174-A or a CP2000 notice for your crypto taxes? Learn what these letters mean and what actions you need to take.

New Crypto Tax Guidance for 2024

May 20, 2024 - In a new FAQ, the IRS has supplied new answers regarding cryptocurrency tax treatment for situations like crypto hard forks and air drops.

How to File a Tax Extension in 2024

May 20, 2024 - If you're not finished filing after the tax deadline, you can file an extension or have your crypto tax professional do it for you. Learn the process.

Simple Strategies to Avoid Crypto Taxes in 2024

May 20, 2024 - Avoid and reduce crypto tax in 2024 and beyond with our expert tips and strategies for your upcoming tax return.

Guide to Estimated Quarterly Taxes for Crypto

May 20, 2024 - Should you be paying estimated quarterly taxes on your crypto earnings? Read our expert-written guide to find out.

NFT Sales Taxes (2024 IRS Rules)

May 20, 2024 - Some states have implemented sales taxes for NFTs and other digital assets, while others have not. Because NFT marketplaces such as OpenSea cannot source and collect sales tax, the onus of collecting sales taxes may fall on NFT traders.

The TokenTax Cryptocurrency Affiliate Program

May 20, 2024 - Earn cash or crypto with TokenTax’s crypto affiliate program. Learn how to create a TokenTax referral link to earn money.

Do Crypto Investors Need to Pay the NIIT?

May 20, 2024 - The net investment income tax (NIIT) is levied on those with investment income and gross income over a certain threshold. Does it apply to crypto? Read more.

When Do I Need a Crypto Reconciliation Specialist?

May 20, 2024 - If you have a complex crypto trading history, missing cost basis errors, NFT mints, or DeFi tax data, a crypto reconciliation specialist can help.

What is a Crypto John Doe Summons?

May 20, 2024 - 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.

Tax Deductions for Crypto Donations

May 20, 2024 - Donating crypto can provide significant tax savings, but the IRS’s reporting requirements can be tricky. Learn more about filing deductions here.

Does Crypto.com Report to the IRS?

May 20, 2024 - Have you traded on Crypto.com? You may be receiving a crypto 1099. Learn more in this expert-written guide.

Guide to Crypto Taxes in Australia for 2024

May 20, 2024 - Crypto assets are taxable in Australia. Learn more about how to report crypto on your tax returns in this expert-written guide.

What the Terra Luna Collapse Means for Your Crypto Taxes

May 20, 2024 - Terra Luna crashed. In this expert-written guide, we cover options for reporting losses on your crypto taxes.

Reporting Crypto Airdrop Taxes in 2024

May 20, 2024 - New platforms and NFT collections often use airdrops to attract or reward users. If you receive tokens in an airdrop, are they taxable? Find out more.

Best Crypto Debit Cards (May 2024 Expert-Reviewed)

May 20, 2024 - Crypto debit cards make it easy to use crypto for everyday transactions. We introduce top card providers and discuss what crypto debit cards mean for taxes.

Ethereum 2 Taxes After the Merge

May 20, 2024 - Is staking ETH a taxable event? What about earning rewards? Get answers in our expert-written guide, and make an informed decision about your crypto taxes.

The Most Crypto Friendly States in 2024

May 20, 2024 - Some US states and territories are friendlier to crypto taxpayers than others. Learn where US taxpayers can live to lower your tax liability.

How Are Cryptocurrency Gifts Taxed in 2024?

May 20, 2024 - Learn about crypto gift tax, how to make tax-deductible donations to qualifying nonprofits, and strategies to minimize your taxes when gifting crypto.

Can You Write Off Crypto Hacks?

May 20, 2024 - Crypto hacks, scams, and rug pulls happen. Find out what reporting options you have if you're affected.

The Essential Guide to Crypto Tax in Japan for 2024

May 20, 2024 - Japan has very high tax rates on cryptocurrency—up to 55%. Learn about Japan's crypto tax policies and the importance of keeping thorough records.

FBAR for Crypto (Regulations for 2024)

May 20, 2024 - US taxpayers must file an FBAR if they hold crypto in overseas accounts that also contain currency worth $10k or more at any point during the previous year.

The Essential Guide to Crypto Tax in the Netherlands for 2024

May 20, 2024 - There are no capital gains taxes in the Netherlands, but a yearly wealth tax is imposed on assets. Learn more in this comprehensive article.

How to Report Crypto on TurboTax in 2024

May 20, 2024 - Our experts reviewed TurboTax crypto filing to create this comprehensive guide for TokenTax users looking to simplify their crypto tax filing.

The Essential DeFi Tax Guide for 2024

May 20, 2024 - Everything you need to know about DeFi taxes, all in one place. Learn about taxes on crypto interest, staking, wrapped tokens, and more.

The Best Bitcoin Mining Software to Use in 2024

May 16, 2024 - Discover our expert picks of the best Bitcoin miner and crypto mining software options for optimal efficiency and profitability when mining crypto.

How to Report Crypto on Taxes in 2024

May 16, 2024 - Ensure accuracy when reporting crypto taxes by including all crypto earnings and other crypto taxable events on your tax Form 8949, Form Schedule D, and Form 1040. Learn how to file crypto taxes step-by-step with our comprehensive guide.

Does Coinbase Report to the IRS?

May 16, 2024 - Does Coinbase report to the IRS? Get the answers to this question and learn about Coinbase IRS reporting, tax documents, and more.

How to Report Crypto Losses and Reduce Your Crypto Taxes May 2024

May 16, 2024 - Learn about reporting crypto losses on taxes, with information about how to offset capital gains and income, tax loss harvesting, and more.

How to Find a Crypto Tax Accountant May 2024

May 16, 2024 - Do you need a crypto tax accountant? Learn the questions to ask when evaluating cryptocurrency CPAs.

Best No KYC Crypto Exchanges May 2024

May 16, 2024 - Discover the top no KYC crypto exchanges. Our experts reveal the best and safest options for those looking to trade anonymously. And learn about the risks.

Crypto Staking Taxes (2024 IRS Rules)

May 16, 2024 - Learn about crypto staking taxes, how staking rewards are taxed in the US and abroad, and how TokenTax can simplify your tax filing and ensure compliance.

Guide to Crypto Taxes in Spain for 2024

May 16, 2024 - Spain is cracking down on crypto tax enforcement. Learn what you need to know to comply with existing tax guidance.

Guide to Crypto Tax in Canada (2024 CRA Rules)

May 16, 2024 - Crypto tax in Canada is based on income tax rates, with 50% of capital gains subject to regular tax rates. Learn more in this comprehensive article.

Crypto Taxes 2024: The Complete Guide

May 16, 2024 - Understanding crypto taxes doesn’t need to be difficult. For US taxpayers, your crypto capital gains tax rate ranges from 0-37% depending on your income level and how long you held a given crypto. Learn more in this comprehensive article from industry experts.

Best Solana Wallet May 2024 (Expert Verified)

May 15, 2024 - Discover the top six Solana wallets for secure asset management. Explore our expert reviews and methodology for selecting the best wallet.

Best 11 Crypto Trading Bots for May 2024

May 15, 2024 - This post teaches you all about crypto trading bots with our expert’s top 11 choices for 2024 with reviews so you can select the best crypto trading bot for you.

Guide to Crypto Taxes in Brazil for 2024

May 15, 2024 - Learn about cryptocurrency tax regulations in Brazil, including key deadlines and tax rates, in this expert-written guide.

10 Best Crypto Friendly Banks in May 2024

May 12, 2024 - Discover the top crypto friendly banks for diverse financial solutions and innovative services. Explore our picks for the best in traditional and digital asset management.

Best Crypto Casino of May 2024

May 12, 2024 - Crypto casinos redefine online gaming, offering enhanced security, diverse game options, and innovative features. See our top picks with expert reviews.

The Best Bitcoin Mining Machines in 2024 (Expert Reviewed)

May 12, 2024 - Discover the best Bitcoin mining hardware available now. Compare machines, choose the best fit, and dive into the world of cryptocurrency mining.

Best Crypto IRAs in 2024

May 12, 2024 - Discover the best crypto IRAs, offering security, diverse investments, and competitive fees. Make an informed choice for your financial future.

Best Crypto Charts for Traders May 2024 (And How to Read Them)

May 12, 2024 - Discover the best crypto charts, chosen by our crypto tax professionals. Analyze crypto assets, read chart patterns, and make informed decisions.

Best Place to Store Crypto in 2024

May 12, 2024 - Learn about the best place to store your crypto with our expert picks of centralized exchanges and software, hardware, and multisignature wallets.

Best Long Term Crypto for 2024

May 12, 2024 - Discover some of the best long term crypto holds, including Bitcoin, Cardano, and Ethereum, and learn about the risks involved in cryptocurrency investing.

Best Crypto Wallets of May 2024

May 4, 2024 - 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.

How to Calculate Your Crypto Taxes for Gains and Losses May 2024

May 4, 2024 - Learn how to calculate crypto taxes with this brief but comprehensive breakdown of key points around crypto taxes and crypto tax calculators.

NFT Taxes: Your Guide for 2024

May 4, 2024 - NFTs have exploded in popularity among investors, artists, and gamers. But do you know how they're taxed? Learn more.

What to Know About Crypto Tax Loss Harvesting in 2024

May 4, 2024 - If you tax-loss harvest crypto at the end of the tax year or during market dips, you can reduce your tax liability and save money on your 2024 tax return. Follow the steps in this comprehensive guide to get started!

10 Best Crypto Loans & Crypto Lending Platforms for May 2024

May 4, 2024 - Our experts have sourced the best crypto lending platforms on the market today. Quickly find the best crypto loans available and understand the risks involved in borrowing against your crypto.

Crypto Wash Sale Rule: 2024 IRS Rules

May 4, 2024 - Learn about the wash sale rule and its potential impact on crypto. Discover strategies to minimize tax liability and navigate possible changes in legislation.

Do I Need to Pay Crypto Self-Employment Taxes?

April 26, 2024 - Learn when crypto traders must pay self-employment tax and how to handle these payments effectively.

The Essential Guide to Crypto Tax in Puerto Rico for 2024

April 24, 2024 - Puerto Rico crypto tax rules are highly favorable for bona fide residents and businesses. Learn more in this comprehensive article from our industry experts.

The Essential Guide to Crypto Tax in Italy for 2024

April 24, 2024 - Italy crypto tax can be complicated. Learn all about crypto taxes in Italy and the current regulations affecting Italian crypto taxpayers.

Guide to Crypto Taxes in India for 2024

April 24, 2024 - Wondering how cryptocurrency is currently taxed in India? Look no further. In this guide, we outline how Indian crypto taxes work.

Guide to Crypto Taxes in the United Kingdom for 2024

April 24, 2024 - Learn how cryptocurrency is taxed and how to pay your crypto taxes in the UK, as per HRMC rules and guidelines.

Guide to Crypto Taxes in South Africa for 2024

April 24, 2024 - South Africa is increasing crypto regulation, but tax guidance is still limited. Read what we know for sure.

Is Crypto Subject to New IRS §6050I Reporting?

April 23, 2024 - Explore the impact and compliance requirements of the new IRS §6050I reporting rule for cryptocurrency transactions.

Best Decentralized Exchanges in 2024

April 22, 2024 - Discover the best DeFi exchanges and apps of 2024 with our expert recommendations. Whether you're a seasoned DeFi trader or a beginner, find the perfect platform to meet your crypto trading needs.

What Is the Overall Cryptocurrency Market Cap?

April 22, 2024 - Explore the significance of the cryptocurrency market cap, its current trends, and the top cryptos leading the market today.

Crypto Tax Guide Germany for 2024: [Kryptowährung Steuer]

April 22, 2024 - The German tax code is friendly to cryptocurrency, but some transactions are still taxable. We outline what you need to know.

Guide to Crypto Taxes in Singapore for 2024

April 22, 2024 - Singapore crypto tax regulations are generally favorable for both individuals and businesses, with no capital gains tax. Learn more in this comprehensive article from our industry experts.

How to Add Solana to MetaMask

April 19, 2024 - Discover how to manage Solana in MetaMask using wrapped tokens and explore the best Solana-compatible wallets.

How to Make Money on Coinbase | Expert Guide 2024

April 17, 2024 - Explore a range of strategies to maximize your crypto earnings on Coinbase. Learn how to make money on Coinbase through long-term investments, short-term trades, and more.

Everything You Need to Know About Crypto 1099s in 2024

April 12, 2024 - 1099 crypto forms are an important part of annual tax filing for crypto holders. Learn all about crypto 1099 forms in this comprehensive article from our industry experts.

The Best Cardano Wallet in 2024

April 8, 2024 - Discover the best Cardano wallets available with our expert guide. Find top picks for security, user-friendliness, and staking, including Daedalus and more.

Cardano Staking Guide 2024

April 8, 2024 - Learn how to stake ADA, discover top staking platforms, understand taxes, and get answers to FAQs about Cardano staking.

Axie Infinity Taxes: What You Need to Know

April 8, 2024 - Players are making significant income on Axie Infinity. Learn how to report Axies on your play to earn taxes.

Best Crypto Exchange in Canada May 2024

April 1, 2024 - Explore our top picks for the best crypto exchanges in Canada for 2024, 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 May 2024

April 1, 2024 - See our expert choices for the top Bitcoin mining machines in 2024, and learn about profitability, taxation, and other factors that impact crypto miners.

Best USA Crypto Exchanges May 2024 (Expert Reviewed)

April 1, 2024 - 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 May 2024

April 1, 2024 - 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.

How to Buy XRP

March 21, 2024 - Learn how to buy XRP with this step-by-step guide. Discover where to buy XRP, its pros and cons, and decide if it's a good investment.

What Happens if I Don’t File My Crypto Taxes?

March 20, 2024 - What happens if you don’t report cryptocurrency on your taxes? Evading taxes related to crypto is a federal offense and can have serious consequences. Learn more.

What Is LIFO, FIFO, and HIFO? Crypto Accounting Methods

March 19, 2024 - Different cost-based accounting methods can result in different capital gains taxes. Learn about the FIFO, LIFO, HIFO, and Minimization accounting methods.

Your Guide to Filing for Crypto Tax Extension 2024

March 14, 2024 - The IRS permits taxpayers a six-month extension to file if they need more time to prepare their tax return, for any reason. State rules vary and are covered here.

How and Where to Buy the New Spot Bitcoin ETFs

March 13, 2024 - Learn how to buy spot Bitcoin ETFs. Find out where and how to buy, and get straightforward answers to common questions about Bitcoin ETFs.

Do You Pay Taxes on Crypto if You Didn’t Sell?

March 11, 2024 - Do you pay taxes on crypto if you don't sell? The answer typically depends on how you acquired your crypto. Learn when and why you might owe taxes on cryptocurrency holdings, plus tax-saving tips.

How to Report Ethereum Gas Fees on Your Tax Return in 2024

March 11, 2024 - Are crypto gas fees tax deductible? This depends on how you use crypto. Crypto gas fees for personal use are typically not deductible, whereas gas fees for professional activity may be.

How the IRS Tracks Crypto in 2024

March 11, 2024 - Learn how the IRS tracks cryptocurrency transactions, including blockchain analysis, exchange reporting, and tax implications for non-compliance.

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