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...]
Crypto Taxes Unveiled: How to Navigate the Complex World of Taxation
Explore the world of cryptocurrency taxation and learn how to report your crypto income and gains accurately. Discover the power of CoinTracking software and expert guidance in managing your crypto tax liability. (This post is from our series of Facebook Lives. Catch the next one on our Facebook channel.) First, before we get too far, this blog post may contain links to products that we have … [Read more...]