Category

Guides

Next Steps - Australia Crypto Tax Report

In this article, we discuss the next steps you can take for filing your cryptocurrency capital gains and income with your taxes. 

Guides

September 18, 2020

The Complete Australia Crypto Tax Guide (2020)

This guide discusses how cryptocurrencies are taxed in Australia and provides tips on making compliance easy for citizens.‍

Guides

September 17, 2020

The Best Bitcoin Mining Software to Use (2020)

We break down the best available bitcoin mining software and the best ways to utilize them in this article.

Guides

September 3, 2020

The 10 Best Bitcoin Mining Hardware Machines 2020

In this article, we break down the 10 best Bitcoin mining hardware machines of 2020, presenting a breakdown of hash rate, power draw, and potential profitability.

Guides

September 1, 2020

How to Do Your Cash App Bitcoin Taxes

In this guide, we walk through the exact process behind how to do your Cash App taxes for your bitcoin trades. 

Guides

July 20, 2020

How to Do Your CoinJar Taxes

In this guide, we walk through the process of getting your CoinJar taxes done so that you can stay in the good graces of the ATO.

Guides

July 15, 2020

Exodus Wallet Taxes - How to Build Your Tax Reports

In this guide, we discuss how to do your Exodus Wallet taxes and everything you need to know to stay compliant.

Guides

July 9, 2020

How to Report Cryptocurrency on Taxes: 2020

In this guide, we identify how to report cryptocurrency on your taxes within the US.

Guides

May 11, 2020

The Complete 2020 Bitcoin Tax Guide

This guide breaks down the fundamentals of Bitcoin taxes and walks through the reporting process in the United States.

Guides

May 5, 2020

How To Do Your Coinbase Pro Taxes

In this guide, we’ll discuss exactly how you can get your tax reporting done when using popular crypto exchange: Coinbase Pro.

Guides

April 28, 2020

The Ultimate UK Crypto Tax Guide 2020

Taxes can be a complicated subject. In this guide, we break down everything you need to know when it comes to cryptocurrency taxes for UK citizens. 

Guides

April 23, 2020

10 Lucrative Bitcoin & Crypto Affiliate Programs You Need To Know About - 2020

Our team of researchers has done all of the hard work for you! We’ve spent hours upon hours scouring the internet for the best bitcoin and crypto affiliate programs out there. This guide reveals our findings.

Guides

March 27, 2020

The Best Places to Store Your Cryptocurrency

Private keys, recovery phrases, no ways to file disputes - storing and managing your cryptocurrency can be incredibly confusing. This only gets worse when you consider how valuable your crypto becomes over time and the fact that transactions are irreversible. This quick refresher on the best places to store your crypto explains everything you need to know and is good for beginners and veterans alike.

Guides

March 26, 2020

How Crypto.com Users Can Do Their Crypto Taxes With CryptoTrader.Tax

CryptoTrader.Tax has officially teamed up with Crypto.com to bring automated cryptocurrency tax reporting to Crypto.com users. This article guides you through each step of the process and allows you to get your crypto taxes done in a matter of minutes.

Guides

March 12, 2020

How To Do Your Uphold Taxes - Building Your Crypto Tax Forms

Uphold has become one of the leading cryptocurrency platforms and exchanges on the market today. This guide breaks down how to do your Uphold taxes as well as how you can build out your necessary crypto tax reports. 

Guides

January 30, 2020

Celsius Network Tax Reporting - How to Do Your Crypto Taxes

This blog post explains how you can report the interest received from your Celsius account on your taxes. Celsius Network has become one of the largest players in the crypto loan origination space.

Guides

January 22, 2020

Why Your Tax Prep Business Should Focus on Servicing Cryptocurrency Clients

The market demand for professional cryptocurrency tax preparation services outweighs the supply by so much that the tax firms who offer cryptocurrency support are acquiring highly profitable clients at an astounding rate.

Guides

January 15, 2020

How To Do Your Bitstamp Taxes - Building Your Crypto Tax Forms

Bitstamp has become one of the largest cryptocurrency exchanges based in the U.K. This article discusses these challenges and explains the easiest way to build out your required Bitstamp and crypto tax forms.

Guides

December 13, 2019

Top 6 Crypto Trading Questions with Quadency CEO Rosh Singh

Just like in traditional markets, it’s important to understand the instruments you are trading. With crypto, there is great research being put out on a regular basis that can be helpful for deciding what to trade. Research tools that offer reliable metrics about token projects are useful in evaluating their overall health and activity.

Guides

December 10, 2019

The Ultimate Guide to Cryptocurrency Tax Loss Harvesting

Tax loss harvesting is one of the most effective ways to reduce your tax bill for the year. This guide outlines what tax loss harvesting is, how you can use it to reduce your bitcoin and crypto tax liability, and how you can use CryptoTrader.Tax’s Tax Loss Harvesting tool to automatically detect your greatest opportunities for tax savings.

Guides

November 25, 2019

Canada Cryptocurrency Taxes - The Complete 2020 Guide

Canada’s cryptocurrency tax policy is receiving more attention as Bitcoin and other cryptocurrencies have gained significant popularity over the past few years. This guide discusses how cryptocurrencies are taxed in Canada and provides tips on making tax compliance easy and fast for citizens through the use of cryptocurrency tax software.

Guides

November 20, 2019

How Taxes Work - Crypto Loans, DeFi, and Margin Trading

Cryptocurrency loans contain some unique features and have different tax implications separate from simply buying, selling, and holding cryptocurrency. This guide discusses the tax implications for these new types of cryptocurrency financial services.

Guides

November 5, 2019

How To Do Your KuCoin Taxes - Building Your Crypto Tax Forms

When it comes to doing your KuCoin taxes and building out your required KuCoin tax forms, a number of challenges arise. This article discusses these issues and explains the easiest way to build out your required KuCoin and cryptocurrency tax forms.

Guides

October 15, 2019

How To Do Your Bittrex Taxes - Building Your Crypto Tax Forms

This article explains the easiest way to build out your required Bittrex and cryptocurrency tax forms.

Guides

October 3, 2019

I Created My Cryptocurrency Tax Report - Now What?

This article breaks down the next steps for including your crypto tax reports with your entire tax return. As you will see, you have a few different options depending on how you typically file your taxes every year:

Guides

September 29, 2019

How To Do Your Kraken Taxes - Building Your Crypto Tax Forms

This article explains the easiest way to build out your required Kraken tax forms. Many traders use Kraken because it operates and complies within the strict regulatory environment present in the United States.

Guides

September 20, 2019

CryptoTrader.Tax for Tax Pros: Calculating Cryptocurrency Capital Gains and Losses For Clients

Calculating cryptocurrency gains and losses to report on Form 8949 can be an excruciating task for accountants. CryptoTrader.Tax is a platform built to automate the entire crypto tax reporting process and make your life as an accountant a whole lot less painful.

Guides

September 16, 2019

How To Do Your Gemini Taxes - Building Your Crypto Tax Forms

When it comes to doing your Gemini taxes and building out your required Gemini tax forms, many challenges arise. This article dives into the issue and explains the easiest way to build out your required Gemini tax forms.

Guides

July 9, 2019

US Residents Losing Access to Binance - Here’s How You Should Prepare

Binance recently announced that it will block all cryptocurrency exchange services to users in the US in the future. This guide describes how you should prepare for the loss of access from both a trading and a tax compliance perspective.

Guides

June 17, 2019

How to Handle Your Client’s Cryptocurrency Tax Forms

Many tax professionals are having to learn about the world of cryptocurrencies and how they are taxed as their clients have increasingly started to invest, trade, and transact in the digital asset.

Guides

June 10, 2019

How to Import Cryptocurrency Trades into Drake Accounting Software

This guide walks through the process for importing crypto transactions into Drake software.Drake accounting software is a widely used platform for tax professionals preparing tax returns on behalf of their clients. With the growth in popularity of bitcoin and other cryptocurrencies, many tax professionals find themselves wondering how to import their clients crypto transactions into the platform.

Guides

May 22, 2019

The Ultimate Guide to API Access for your Crypto Exchange Accounts

Application program interfaces (API’s) provide a way for one system to interact with another. In the case of cryptocurrency, API’s are often used as a way to interact with cryptocurrency exchanges. Many complementary businesses and tools have been built allowing users to connect to these exchange API’s like portfolio trackers, crypto trading bots, tax software tools, and many more.

Guides

May 9, 2019

How to Create Your First Tax Report with CryptoTrader.Tax

This guide walks through how to create your first tax report within CryptoTrader.Tax. To create an accurate tax report, CryptoTrader.Tax needs your historical buys, sells, and other transaction data from every crypto exchange you have used. Without all of your transaction data from all years of transacting with cryptocurrency, the application will not have the necessary information needed to create reports.

Guides

April 29, 2019

Mailing in form 8949 for e-Filing cryptocurrency traders

Depending on how many cryptocurrency trades you made during the year, CryptoTrader.Tax may automatically consolidate your 8949 form into a single line. This is in accordance with section 2 of the IRS 8949 instructions, and will happen for those that have many trades (see example of consolidated 8949 below).

Guides

April 22, 2019

How to File Your Bitcoin and Crypto Taxes with TaxAct

You can easily file your bitcoin and crypto taxes with popular tax filing software TaxAct by importing your crypto tax reports from CryptoTrader.Tax. This guide walks through the step by step process, so that you can quickly file your cryptocurrency transactions.

Guides

April 19, 2019

How To File Your Cryptocurrency Taxes with TurboTax

This article walks through the process of filing your cryptocurrency taxes through the online version of TurboTax

Guides

January 19, 2019

The 2020 Guide To Cryptocurrency Taxes

This guide breaks down everything you need to know about cryptocurrency taxes so that you aren’t caught unprepared when tax season roles around.

Guides

August 5, 2018

How To Calculate Your Trading Gains With CryptoTrader.Tax

If you were stuck calculating your gains and losses by hand this past tax season, you know first-hand how difficult it is to find historical price data for all of your trades.

Guides

April 12, 2018

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