Crypto Accounting Help
Learn how your gains and losses are calculated and how to handle situations like gifts or mining income for your taxes.
Crypto Tax Calculation 101: How To Calculate Crypto Taxes
Learn how crypto tax calculation works and how to use a cryptocurrency tax calculator to handle your crypto taxes.Read more
FIFO, LIFO, and Minimization Accounting Explained
Accounting methods like FIFO and LIFO for crypto capital gains taxes: How to use them, and how the TokenTax Minimization algorithm can lower your tax liabilityRead more
Understanding Unrealized vs. Realized Crypto Capital Gains
There are different tax implications for unrealized and realized crypto gains and losses, and realizing losses may be able to help you save money on taxes.Read more
Short Term and Long Term Capital Gains for Crypto Tax
When you file crypto taxes, you report either short term capital gains or long term capital gains; we explain the different tax implications for bothRead more
How Taxes Work For Crypto Mining and Staking
TokenTax lets you calculate your taxes for crypto mining. Import your crypto history from any exchange or wallet and export the crypto tax forms.Read more
Is Transferring Crypto Between Wallets or Exchanges Taxable?
Transferring crypto between wallets and/or exchanges is not in itself taxable. It's important, however, that you accurately account for all your crypto tradesRead more
How Crypto Hard Forks and Airdrops Are Taxed
How crypto hard forks and airdrops, like the Bitcoin Cash fork, are taxed as per guidance from the IRS. Learn how to properly taxes for forks and airdrops.Read more
How Crypto Gifts Are Taxed
Crypto tax can get a little tricky when it comes to gifts. We explain how taxes work for both giving as well as receiving gifts of cryptocurrency.Read more
Defi Crypto Tax: How Taxes Work for Crypto Lending, Loans, and More
How tax works for decentralized finance: Taxes for crypto lending, interest, loans, cTokens, and tokenized assetsRead more
Deducting a Casualty or Theft Loss on Your Crypto Taxes
If you’ve lost crypto due to a wallet hack, a crypto scam, or an unexpected exchange shutdown, here's what your tax situation may look likeRead more
Can Like Kind Exchange Be Used for Crypto?
Crypto tax software by TokenTax: How like kind exchange works, and when you may — or may not — be able to use it for cryptocurrency tax calculation.Read more
How Taxes Work for Crypto Margin Trading
How to handle your crypto taxes if you have lent to margin traders on Bitfinex or traded on margin exchanges like Bitmex, Bybit, Deribit, Kraken, and more.Read more
What is Average Cost for Bitcoin and Crypto Tax? When is it Used?
Average cost basis accounting is used for crypto tax in countries like Canada and the United Kingdom. Learn what average cost is and how it works for crypto taxRead more