Koinly vs. CoinTracker vs. TaxBit vs. ZenLedger: Which Crypto Tax Software Is Right for You?
The four main crypto tax platforms each have strengths. Here's an honest comparison as a Koinly preferred provider.
Crypto Margin Trading Taxes: How Leverage, Liquidations, and Short Positions Are Taxed
Margin trading creates complex tax situations. Liquidations, funding fees, and synthetic shorts all have specific treatments.
Crypto as Self-Employment Income: When Trading Becomes a Business
Some crypto traders qualify for trader tax status. Others are simply investors. The distinction has major tax consequences.
Crypto in a Self-Directed Solo 401(k): How Self-Employed Crypto Professionals Can Shelter Income
A Solo 401(k) lets self-employed crypto professionals contribute up to $66,000/year pre-tax. Here's how it works.
The IRS John Doe Summons: Every Major Crypto Exchange Has Shared Your Data
The IRS has obtained records from Coinbase, Kraken, and others through court-authorized summonses. Here's what that means.
Crypto Audit Red Flags: 7 Things That Get Crypto Returns Examined by the IRS
The IRS has specific patterns it looks for when selecting crypto returns for examination. Here are the 7 biggest red flags.
Crypto Business Bookkeeping: Setting Up Your Chart of Accounts for Digital Assets
Crypto businesses need specialized accounting setup. Here's how to structure your books correctly from day one.
FTX, Celsius, BlockFi Collapse: Tax Treatment of Exchange Bankruptcy Losses
Millions lost funds in the 2022 exchange collapses. Here's the complex tax treatment — when to deduct and how to document.
Terra/LUNA Collapse: Can You Deduct Your Losses on Your Tax Return?
The Terra/LUNA collapse wiped out billions. Here's whether those losses are deductible and what you need to document.
How Long Should You Keep Your Crypto Tax Records? IRS Rules on Retention
The IRS has 3 years to audit most returns — but can extend to 6 for substantial underreporting. Here's how long to keep crypto records.
The Ethereum Merge and Taxes: What Proof-of-Stake Means for ETH Holders
The Merge was one of crypto's biggest events. Here's what it means for the tax treatment of ETH holdings and staking.