Search Results

100 results

How to File Your Trust Wallet Taxes in 2023

December 8, 2023 - Trust Wallet is a popular, secure, and decentralized crypto wallet. Get answers to questions about Trust Wallet taxes and Trust Wallet tax documents.

Top 10 Best Crypto Coins to Stake in 2023

December 5, 2023 - Discover the best crypto coins to stake in 2023, featuring high-yield options, stable choices, and affordable alternatives for crypto staking success.

Best Solana Wallets December 2023

December 5, 2023 - Discover the top 6 Solana wallets for secure asset management. Explore our expert reviews and methodology for selecting the best wallet.

Does the Wash Sale Rule Apply to Crypto? (2023 IRS Rules)

December 5, 2023 - Crypto wash sales are still technically allowed, but recent federal regulations may soon close the loophole.

Best Crypto IRAs

December 5, 2023 - Discover the best crypto IRAs, offering security, diverse investments, and competitive fees. Make an informed choice for your financial future.

Best Crypto Exchange in Canada December 2023

December 5, 2023 - Explore our top picks for the best crypto exchanges in Canada for 2023, 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.

Best 11 Crypto Trading Bots for 2023

December 5, 2023 - This post teaches you all about crypto trading bots with our expert’s top 11 choices for 2023 with reviews so you can select the best crypto trading bot for you.

Best Crypto Staking Platforms in December 2023

December 5, 2023 - 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.

Best Crypto Wallets of December 2023

December 5, 2023 - 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.

Best Crypto Exchanges & Apps December 2023

December 5, 2023 - 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 DeFi Exchanges December 2023

December 5, 2023 - Discover the best DeFi exchanges and apps of 2023 with our expert recommendations. Whether you're a seasoned DeFi trader or a beginner, find the perfect platform to meet your crypto trading needs.

Crypto Tax Guide for 2023

December 5, 2023 - 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.

The Best Bitcoin Mining Machines in December 2023

December 1, 2023 - See our expert choices for the top Bitcoin mining machines in 2023, and learn about profitability, taxation, and other factors that impact crypto miners.

How to Calculate Your Crypto Taxes for Gains and Losses 2023

December 1, 2023 - Learn how to calculate crypto taxes with this brief but comprehensive breakdown of key points around crypto taxes and crypto tax calculators.

Best Crypto Debit Cards (2023 Expert-Reviewed)

December 1, 2023 - 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.

How to Find a Crypto Tax Accountant

December 1, 2023 - Do you need a crypto tax accountant? Learn the questions to ask when evaluating cryptocurrency CPAs.

The Essential NFT Tax Guide for 2023

December 1, 2023 - NFTs have exploded in popularity among investors, artists, and gamers. But do you know how they're taxed? Learn more.

Guide to Crypto Tax-Loss Harvesting 2023

December 1, 2023 - 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!

How to Report Crypto On Your Taxes: 5-Step Guide

December 1, 2023 - 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?

December 1, 2023 - Does Coinbase report to the IRS? Get the answers to this question and learn about Coinbase IRS reporting, Coinbase tax documents, and more.

10 Best Crypto Loans & Crypto Lending Platforms (2023 Expert-Reviewed)

December 1, 2023 - 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.

How to Report Crypto Losses and Reduce Your Crypto Taxes 2023

December 1, 2023 - Learn about reporting crypto losses on taxes, with information about how to offset capital gains and income, tax loss harvesting, and more.

The Best Bitcoin Mining Machines in 2023 (Expert Reviewed)

November 30, 2023 - Discover the best Bitcoin mining hardware available now. Compare machines, choose the best fit, and dive into the world of cryptocurrency mining.

The Best Bitcoin Mining Software to Use in 2023

November 30, 2023 - Discover our expert picks of the best Bitcoin miner and crypto mining software options for optimal efficiency and profitability when mining crypto.

Guide to Crypto Taxes in India for 2023

November 29, 2023 - Wondering how cryptocurrency is taxed in India under the new laws? Look no further. In this guide, we outline how Indian crypto taxes work.

Do Crypto Investors Need to Pay the NIIT?

November 29, 2023 - 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.

The TokenTax Cryptocurrency Affiliate Program

November 29, 2023 - Earn cash or crypto with TokenTax’s crypto affiliate program. Learn how to create a TokenTax referral link to earn money.

How to Fill Out Form 8949 for Cryptocurrency

November 29, 2023 - Learn how to navigate the complexities of Form 8949 to report cryptocurrency and NFT gains and losses, and get expert tips.

Can You Write Off Crypto Hacks?

November 29, 2023 - Crypto hacks, scams, and rug pulls happen. Find out what reporting options you have if you're affected.

How are Crypto Hard Forks Taxed?

November 29, 2023 - Crypto hard forks, like the Bitcoin fork, result in a new chain and new tokens. If you receive tokens in a hard fork, are they taxed?

Different Types of Cryptocurrency in 2023

November 29, 2023 - Learn about Bitcoin, Ethereum, and Tether, explore crypto types, tokens, and coins, and discover why Bitcoin remains the most important cryptocurrency.

Best Crypto Portfolio Tracker December 2023

November 29, 2023 - 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.

What the Terra Luna Collapse Means for Your Crypto Taxes

November 29, 2023 - Terra Luna crashed. We go over options for reporting losses on your crypto taxes.

NFT Sales Taxes (2023 IRS Rules)

November 29, 2023 - 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.

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

November 29, 2023 - 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.

The Essential Guide to Crypto Tax in Italy for 2023

November 29, 2023 - Italy has updated their crypto regulations for the 2023 budget, with a 26% tax rate on all gains over €2,000. Learn all about crypto tax in Italy in this comprehensive guide.

Your Guide to Stablecoin Taxes for 2023

November 29, 2023 - Stablecoins such as DAI, USDC, and USDT are often pegged to a fiat currency like the US dollar. Here's how these crypto assets are taxed.

FBAR for Crypto (Regulations for 2023)

November 28, 2023 - US taxpayers must file an FBAR if they hold crypto in overseas accounts that also contain currency worth $10k or more, at any point in 2022.

How Are Crypto Losses Taxed in Canada? (CRA Rules 2023)

November 28, 2023 - Learn how to claim crypto losses in Canada, understand the superficial loss rule, and discover how TokenTax helps Canadian taxpayers.

Guide to DAO Taxes in 2023

November 28, 2023 - DAO taxes in crypto remain a gray area, with uncertainty about how DAOs are taxed and how they might be taxed in the future. Learn more.

When Do I Need a Crypto Reconciliation Specialist?

November 28, 2023 - If you have a complex crypto trading history, missing cost basis errors, NFT mints, or DeFi tax data, a crypto reconciliation specialist can help.

Costly Crypto Tax Mistakes to Avoid When Filing Your Crypto Taxes

November 27, 2023 - Learn about costly crypto tax mistakes to avoid when filing your crypto taxes. Avoid penalties and legal consequences by accurately reporting all transactions.

Guide to Crypto Taxes in the United Kingdom for 2023

November 27, 2023 - Learn how cryptocurrency is taxed and how to pay your crypto taxes in the UK, as per HRMC rules and guidelines.

NFT Tax Loss Harvesting in 2023

November 22, 2023 - NFT tax loss harvesting poses several unique challenges. Learn more about how to lower your taxes by selling NFTs held at a loss.

Simple Strategies to Avoid Crypto Taxes in 2023

November 22, 2023 - Avoid and reduce crypto tax in 2023 with our expert tips and strategies for your upcoming tax return.

Your Guide to Crypto Mining for 2023

November 22, 2023 - What is crypto mining? Learn how crypto miners generate, validate and secure Bitcoin and other cryptocurrencies and receive rewards in return.

The Essential DeFi Tax Guide for 2023

November 22, 2023 - Everything you need to know about DeFi taxes, all in one place. Learn about taxes on crypto interest, staking, wrapped tokens, and more.

Your Guide to Filing For Crypto Tax Extension 2023

November 22, 2023 - 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.

Best No KYC Crypto Exchanges December 2023

November 22, 2023 - 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 (2023 IRS Rules)

November 20, 2023 - 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.

Does Report to the IRS?

November 20, 2023 - Have you traded on You may be receiving a crypto 1099. Learn more.

Here’s What Happens if You Don’t Report Cryptocurrency on Your Taxes

November 20, 2023 - 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 to Expect from a Crypto Tax Audit

November 20, 2023 - What kind of information do crypto tax audits look for? We outline some of the most common questions asked in IRS and CRA crypto tax audit letters.

Crypto Tax Free Countries for 2023

November 20, 2023 - There remain a number of crypto tax-free countries around the world. Our experts cover the best crypto tax-free countries for 2023 in this helpful article.

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

November 20, 2023 - 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.

Best Crypto Exchange in the UK December 2023

November 20, 2023 - Discover the best crypto exchanges in the UK. Our expert reviews help you make informed choices, and we explain the methodology behind our picks.

Guide to Crypto Tax in Canada (2023 CRA Rules)

November 20, 2023 - 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.

Best Crypto Charts for Traders December 2023 (And How to Read Them)

November 15, 2023 - Discover the best crypto charts, chosen by our crypto tax professionals. Analyze crypto assets, read chart patterns, and make informed decisions.

Reporting Crypto Airdrop Taxes in 2023

November 15, 2023 - 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.

Tax Deductions for Crypto Donations

November 15, 2023 - Donating crypto can provide significant tax savings, but the IRS’s reporting requirements can be tricky. Learn more about filing deductions here.

Axie Infinity Taxes: What You Need to Know

November 15, 2023 - Players are making significant income on Axie Infinity. Learn how to report Axies on your play to earn taxes.

How Are Cryptocurrency Gifts Taxed in 2023?

November 15, 2023 - Learn about crypto gift tax, how to make tax-deductible donations to qualifying nonprofits, and strategies to minimize your taxes when gifting crypto.

Guide to Crypto Mining Taxes for 2023

November 15, 2023 - Crypto mining taxes vary by region. US-based crypto miners can anticipate paying crypto mining tax on both income from rewards and capital gains upon the sale of coins from mining activity. Learn more in this comprehensive article.

Is Transferring Crypto Between Wallets Taxable? (2023 IRS Rules)

November 15, 2023 - Is sending crypto to another wallet taxable? Get insights into the tax implications of crypto transfers between wallets.

The Most Crypto Friendly States in 2023

November 15, 2023 - Some US states and territories are friendlier to crypto taxpayers than others. Learn where US taxpayers can live to lower your tax liability.

Guide to Crypto Taxes in Australia for 2023

November 15, 2023 - Crypto assets are taxable in Australia. Learn more about how to report crypto on your tax returns.

6 Crypto Tax Headaches and How to Avoid Them for 2023 NFT Sales

November 15, 2023 - 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.

Guide to Crypto Taxes in South Africa for 2023

November 15, 2023 - South Africa is increasing crypto regulation, but tax guidance is still limited. Read what we know for sure.

Crypto Gambling Taxes (2023 IRS Rules)

November 15, 2023 - Crypto gambling taxes for US taxpayers apply to winnings as ordinary income and later as capital gains if sold at a profit. Learn more.

Crypto Tax Glossary: Terms for Beginners

November 15, 2023 - 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.

Tax Tips for Surviving Crypto Winter 2022-2023

November 15, 2023 - In the crypto bear market, there are several tax strategies you can use to save money. Read more.

Intro to Crypto Estate Planning

November 15, 2023 - 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.

What is a Crypto John Doe Summons?

November 15, 2023 - 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.

Guide to Crypto Taxes in Spain for 2023

November 15, 2023 - Spain is cracking down on crypto tax enforcement. Learn what you need to know to comply with existing tax guidance.

Everything You Need to Know About Crypto 1099s in 2023

November 15, 2023 - 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 Essential Guide to Crypto Tax in Japan for 2023

November 15, 2023 - 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.

Crypto Tax Guide Germany for 2023: [Kryptowährung Steuer]

November 15, 2023 - The German tax code is friendly to cryptocurrency, but some transactions are still taxable. We outline what you need to know.

Bitcoin Options and How to Trade Them

November 13, 2023 - Explore the world of Bitcoin options with insights into trading, strategies, risks, and taxation. Learn how TokenTax simplifies crypto options taxes.

Does Kraken Report to the IRS?

November 7, 2023 - Learn about Kraken's IRS data sharing, its impact on crypto users and their tax responsibilities, and how TokenTax can help affected users.

The Ultimate Crypto Tax Audit Guide for 2023

November 1, 2023 - Avoid crypto tax audit risks. Report accurately, use crypto tax software, and consult experts for a smooth tax season.

12 Smart Strategies to Earn Passive Income with Crypto

November 1, 2023 - Discover smart strategies to earn passive income with cryptocurrency in 2023 and beyond. Explore a range of methods and minimize your risk.

New Crypto Tax Guidance for 2023

November 1, 2023 - 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 Cash Out Crypto and Bitcoin in 2023

November 1, 2023 - Learn how to cash out your crypto and Bitcoin, understand the importance of cashing out crypto, and master the process with our comprehensive guide.

How to Earn Free Crypto: A Comprehensive Guide for 2023

October 19, 2023 - Discover the top ways to earn free cryptocurrency. Learn about faucets, airdrops, staking, and how to safely navigate the crypto space.

How to Report Crypto on TurboTax in 2023

October 11, 2023 - Our experts reviewed TurboTax crypto filing to create this comprehensive guide for TokenTax users looking to simplify their crypto tax filing.

Guide to IRS Letters: 6173, 6174, and CP2000

September 29, 2023 - 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.

Creating a Crypto LLC or Corporation

September 27, 2023 - Creating a crypto LLC can be advantageous for those actively engaged in crypto business. Learn more about creating a crypto LLC in this comprehensive article from our industry experts.

How to Report Ethereum Gas Fees on Your Tax Return

September 25, 2023 - 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.

Does Binance Report to the IRS?

September 25, 2023 - Does Binance report to the IRS? No. However, Binance US does. Learn more about reporting Binance US taxes here.

Your Guide to Uniswap Taxes in 2023

September 25, 2023 - Filing Uniswap taxes doesn’t need to be complicated. Learn about Uniswap taxes and more in this comprehensive article from our industry experts.

How to File a Tax Extension

September 25, 2023 - 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.

Crypto Accounting Methods: FIFO, LIFO, HIFO & More

September 18, 2023 - Different cost basis accounting methods can result in different capital gains totals. Find out more about the FIFO, LIFO, HIFO, and Minimization methods.

Tax on Crypto Margin Trading

September 18, 2023 - If you're crypto margin trading or lending, read more for info on which transactions may be taxable events.

Do I Need to Pay Crypto Self-Employment Taxes?

September 13, 2023 - What is self-employment tax and when do crypto traders need to pay it? Learn more.

The Essential Guide to Crypto Tax in Portugal for 2023

August 9, 2023 - Portugal recently made a sweeping overhaul to their tax treatment of crypto. We cover everything you need to know in this article.

Guide to Crypto Taxes in Singapore for 2023

August 9, 2023 - 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.

The Essential Guide to Crypto Tax in the Netherlands for 2023

August 9, 2023 - There are no capital gains taxes in the Netherlands, but a yearly wealth tax is imposed on assets. Learn more in this comprehensive article.

The Essential Guide to Crypto Tax in Puerto Rico for 2023

August 9, 2023 - Puerto Rico crypto tax rules are highly favorable for bona fide residents and businesses. Learn more in this comprehensive article from our industry experts.

What Is Bitcoin Halving? What It Means and How It Works

August 1, 2023 - Bitcoin halving is a fundamental rule that serves to limit the total supply of Bitcoin. The next Bitcoin halving is anticipated in April, 2024. Learn more.

Can I Deduct Crypto Tax Software from my Taxes?

June 24, 2023 - 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.

Let’s get started.

Check out our plans and pricing to find out which solution best meets your needs.

Review plans