As the tax year comes to a close, it’s a good time to pause and take stock of your crypto activity—not just what you’ve bought or sold, but how prepared you are for what comes next. Every year, I see the same pattern: people wait until tax season to think about their crypto taxes, only to realize they’re missing data, unsure about gains and losses, or scrambling to figure out what they owe. … [Read more...]
Prohibited Transactions in Crypto IRAs: The #1 Rule to Never Break
The world of crypto investment offers powerful opportunities for wealth building, especially when utilizing tax-advantaged accounts like the Individual Retirement Arrangement (IRA) or Roth IRA. These government-incentivized vehicles allow USA investors to achieve tax-deferred or even tax-free growth, but this financial privilege comes with an extremely rigid set of rules, particularly concerning … [Read more...]
IRS Crypto Audit Triggers: FUD vs Reality & Compliance Guide
You’ve heard the rumors: “The IRS is watching every crypto wallet.”,“One wrong move and you’ll get audited.”, “If you mess up your cost basis, they’ll come for you.” . Let’s cut through the FUD and focus on what’s actually true. Let's talk about the IRS Crypto Audit Triggers: FUD vs Reality. Last week, I was deep-diving into the 2025 crypto tax reporting changes for USA investors. As I reviewed … [Read more...]
IRS Crypto Tax 2025. Most Traders aren’t ready!
If you are a U.S. trader, you simply cannot afford to ignore the tectonic shift underway in IRS Crypto Tax 2025. This isn't just about filing taxes anymore; it's about the entire ecosystem of digital asset reporting changing forever, leaving most retail traders scrambling to catch up. Let's break down the new Form 1099-DA rules and ensure you are ready for this compliance revolution. Just this … [Read more...]
Crypto Tax Organization: Stop Overpaying, Gain Control
I recently had a client thank me, but then admit she didn’t know how to tell her friends about us. Why? Because nobody gets excited about taxes! She’s right. No one rushes to discuss their 8949 forms. But the truth is, we don’t just solve a tax problem; we solve a fundamental investing problem. The real value you’re seeking isn't a silver bullet piece of software; it’s a foundational system of … [Read more...]
Stop Losing Money in Crypto: 3 Mistakes in Your Wallet & How to Avoid Them
Today, we’re cutting through the confusion of wallet transactions to give you three must-know tips. If you’ve ever thought, “Wait, why isn’t my trade going through?” or “Did I just get scammed?”, this is for you. Stop Losing Money in Crypto; learn how to avoid this mistakes. 1. The Crypto Wallet Permissions Problem (And Why "Unlimited" Access is Dangerous) Wallet permissions are the digital … [Read more...]
Crafting Success: The Art of Organizing Your Crypto Transactions
Ever feel overwhelmed by your craft area? A few years ago, when we moved into our new house, I was in the midst of homeschooling three children, running a small business teaching piano lessons, fulfilling my duties as a music director for our church, and setting up a new household. I just didn’t have the energy at that point to organize my beloved crafts, so I dumped everything into a … [Read more...]
Beyond Coins: Navigating the Crypto Mining Landscape
Delve into the captivating world of crypto mining, from tax benefits to choosing the right hardware and 'flipping' strategies. In the dynamic expanse of the cryptocurrency realm, where tales of digital riches echo through blockchain corridors, a protagonist emerges—Crypto Rican Queen Mari. Join us as we intertwine the story of Mari's journey into crypto mining with the broader narrative of … [Read more...]
Tools and Software – Black Friday & Cyber Monday promotions
Please check below for some of our favorite tools and software. Many are on sale right now for Black Friday and Cyber Monday! Look for crypto trading tools, tax software, hardware wallets, online marketing apps, and of course some of our own guides and courses! First, before we get too far, this blog post may contain links to products that we have tried and liked. If you click on the link … [Read more...]
Ep. 021: Mastering Crypto Taxes: The Depot Separation Advantage
In this podcast episode, Jessica from Beta Virtual Assistance shares a behind-the-scenes look at the chaotic yet fascinating world of crypto tax reporting. From swift turnarounds in bot trading to unraveling the mysteries of long-term holdings, Jessica provides insights into the highs and lows of crypto tax season. The video explores the strategic advantage of Depot Separation, offering … [Read more...]