https://cryptotrader.taxRead Less. Learn More!Mon, 23 Aug 2021 21:32:13 GMTWebflowhttps://cryptotrader.tax/blog/the-traders-guide-to-cryptocurrency-taxeshttps://cryptotrader.tax/blog/the-traders-guide-to-cryptocurrency-taxesThis guide breaks down everything you need to know about cryptocurrency taxes, from the high level tax implications to the actual crypto tax forms you need to fill out.Mon, 23 Aug 2021 21:32:01 GMThttps://cryptotrader.tax/blog/canada-cryptocurrency-taxeshttps://cryptotrader.tax/blog/canada-cryptocurrency-taxesNavigating the Canadian tax code can get confusing. Here’s what you need to know to report your crypto taxes and minimize your liability.Fri, 20 Aug 2021 15:58:42 GMThttps://cryptotrader.tax/blog/cryptocurrency-tax-loss-harvestinghttps://cryptotrader.tax/blog/cryptocurrency-tax-loss-harvestingLooking to save money on your crypto tax bill? Here's a ridiculously simple way to spot tax loss harvesting opportunities & reduce capital gains tax in 2021.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/best-crypto-and-bitcoin-irahttps://cryptotrader.tax/blog/best-crypto-and-bitcoin-iraHere are the 4 best IRA platforms to help you save for retirement and reduce your cryptocurrency tax bill. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/best-companies-for-crypto-and-bitcoin-loanshttps://cryptotrader.tax/blog/best-companies-for-crypto-and-bitcoin-loansThe results are in: Here are the five best crypto loan providers in 2021 in terms of safety, speed, and ease of use.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/top-bitcoin-and-cryptocurrency-podcastshttps://cryptotrader.tax/blog/top-bitcoin-and-cryptocurrency-podcastsTune out the fake influencers and scammers — here are 8 cryptocurrency podcasts that can help you make better investments. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/how-to-report-cryptocurrency-on-taxeshttps://cryptotrader.tax/blog/how-to-report-cryptocurrency-on-taxesAre you accurately reporting your cryptocurrency taxes? Here's a step-by-step guide to ensure you're providing the right information to the IRS.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/top-5-mistakes-made-doing-crypto-taxeshttps://cryptotrader.tax/blog/top-5-mistakes-made-doing-crypto-taxesAre you paying too much on your tax returns because of these 5 simple crypto tax mistakes? They're more common than you'd think. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/the-ultimate-guide-to-api-access-for-your-crypto-exchange-accountshttps://cryptotrader.tax/blog/the-ultimate-guide-to-api-access-for-your-crypto-exchange-accountsApplication 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.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/how-to-import-cryptocurrency-trades-into-drake-accounting-softwarehttps://cryptotrader.tax/blog/how-to-import-cryptocurrency-trades-into-drake-accounting-softwareHere's a simple step-by-step guide for importing your clients cryptocurrency transactions into the Drake platform. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/crypto-tax-checklist-properly-file-your-cryptocurrency-taxeshttps://cryptotrader.tax/blog/crypto-tax-checklist-properly-file-your-cryptocurrency-taxesFiling an inaccurate tax return can lead to grave legal consequences. Before you file your return, review this checklist. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/decrease-crypto-taxhttps://cryptotrader.tax/blog/decrease-crypto-taxIs the IRS taking a huge cut of your cryptocurrency gains? Here are 6 simple strategies to reduce your tax bill.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/mailing-in-form-8949-for-e-filing-cryptocurrency-tradershttps://cryptotrader.tax/blog/mailing-in-form-8949-for-e-filing-cryptocurrency-tradersLet's be honest: trying to figure out how to submit your 8949 form can be stressful. Here's a step-by-step guide to walk you through the process.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/the-best-open-source-and-free-crypto-trading-botshttps://cryptotrader.tax/blog/the-best-open-source-and-free-crypto-trading-botsHere are the 5 best crypto trading bots that can help you make more profits without spending a dime. Includes options for technical & non-technical traders.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/best-places-to-store-your-cryptocurrencyhttps://cryptotrader.tax/blog/best-places-to-store-your-cryptocurrencyOne hack can cost you thousands of dollars. Here are the best ways to store your cryptocurrency and keep your investments safe.Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/reporting-stolen-or-lost-cryptocurrency-for-tax-purposeshttps://cryptotrader.tax/blog/reporting-stolen-or-lost-cryptocurrency-for-tax-purposesHave you lost your cryptocurrency to theft or a hack? There may be a silver lining — reduced tax liability. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/how-are-nfts-taxedhttps://cryptotrader.tax/blog/how-are-nfts-taxedThe tax rate you pay on NFTs can differ depending on your unique situation. Here’s what buyers, sellers & creators need to know. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/does-coinbase-report-to-irshttps://cryptotrader.tax/blog/does-coinbase-report-to-irsYes, Coinbase reports to the IRS. Here's the information that you'll need to file an accurate return and avoid legal consequences. Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/irs-clarifies-crypto-tax-like-kind-exchange-airdrops-and-fbar-reportinghttps://cryptotrader.tax/blog/irs-clarifies-crypto-tax-like-kind-exchange-airdrops-and-fbar-reportingRecently, the IRS clarified rules and regulations around taxation. Are you up-to-date with their guidance? Thu, 19 Aug 2021 16:12:17 GMThttps://cryptotrader.tax/blog/cryptocurrency-tax-rateshttps://cryptotrader.tax/blog/cryptocurrency-tax-ratesHere’s the tax rate you’ll be paying on Bitcoin, Ethereum, and other cryptocurrencies.Wed, 18 Aug 2021 14:00:26 GMThttps://cryptotrader.tax/blog/australian-tax-office-targets-cryptocurrency-investorshttps://cryptotrader.tax/blog/australian-tax-office-targets-cryptocurrency-investorsThe Australian Tax Office (ATO) is gearing up to send out close to 350,000 notices to cryptocurrency investors in effort to “remind them” of their tax obligations. This is by far the largest crypto compliance effort conducted by a government to date.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/cryptocurrency-tax-calculations-fifo-and-lifo-costing-methods-explainedhttps://cryptotrader.tax/blog/cryptocurrency-tax-calculations-fifo-and-lifo-costing-methods-explainedFIFO, LIFO, and HIFO costing methods explained. The new 2019 guidance officially declares that specific identification methods like LIFO (last-in first-out) or HIFO (highest-in first-out) can be used provided that you can specifically identify particular units of cryptocurrency.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/best-crypto-and-blockchain-jobshttps://cryptotrader.tax/blog/best-crypto-and-blockchain-jobsThis article discusses the most widely-used blockchain job markets online today alongside details on how much blockchain specialists earn and which blockchain skills are in demand. Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/best-crypto-portfolio-trackerhttps://cryptotrader.tax/blog/best-crypto-portfolio-trackerIn this guide, we take a look at the best crypto portfolio trackers and apps available on the market today.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/irs-clarifies-1040-cryptocurrency-tax-questionhttps://cryptotrader.tax/blog/irs-clarifies-1040-cryptocurrency-tax-questionThis article discusses IRS guidance on whether or not you need to answer yes or no to the IRS cryptocurrency tax question on 1040.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/australia-cryptocurrency-taxes-guidehttps://cryptotrader.tax/blog/australia-cryptocurrency-taxes-guideThe ATO is cracking down on crypto tax avoidance. Here’s what you need to know to lodge an accurate return in 2021.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/the-best-charting-tools-for-crypto-tradershttps://cryptotrader.tax/blog/the-best-charting-tools-for-crypto-tradersThere are many different charting solutions on the market, but these three were the best we could find in terms of feature sets, ease of use, and exchange integration.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/uk-crypto-tax-guidehttps://cryptotrader.tax/blog/uk-crypto-tax-guideTaxes 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. Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/paypal-crypto-taxeshttps://cryptotrader.tax/blog/paypal-crypto-taxesWe take a close look at the tax effects of PayPal’s crypto hub in this article. Millions of potential users who chose to use the service to buy and sell cryptocurrencies will face these tax consequences.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/robinhood-crypto-taxeshttps://cryptotrader.tax/blog/robinhood-crypto-taxesRobinhood Crypto does not allow users to transfer crypto into or out of the Robinhood platform. This factor makes tax reporting much different for Robinhood cryptocurrency investors. In this article we address how to handle your Robinhood cryptocurrency transactions for your tax reporting.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/irs-letter-6174-a-for-cryptocurrencyhttps://cryptotrader.tax/blog/irs-letter-6174-a-for-cryptocurrencyThe IRS is beginning to crackdown on individuals who transacted with Bitcoin and other cryptocurrencies but did not report it on their taxes. Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/when-do-you-owe-taxes-on-your-bitcoin-and-cryptocurrencyhttps://cryptotrader.tax/blog/when-do-you-owe-taxes-on-your-bitcoin-and-cryptocurrencyThis article breaks down taxable events and explains when you do or do not owe capital gains tax on your cryptocurrency transactions.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/how-are-cryptocurrency-hard-forks-taxedhttps://cryptotrader.tax/blog/how-are-cryptocurrency-hard-forks-taxedIn this guide, we explore cryptocurrency forks and the current best practices for handling them from a tax perspective.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/best-crypto-exchangeshttps://cryptotrader.tax/blog/best-crypto-exchangesThis article breaks down the top 5 best crypto exchanges, providing guidance on the best, most secure exchanges for various trading preferences, geographic locations, and fee structures.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/best-bitcoin-mining-hardwarehttps://cryptotrader.tax/blog/best-bitcoin-mining-hardwareIn 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.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/best-bitcoin-mining-softwarehttps://cryptotrader.tax/blog/best-bitcoin-mining-softwareWe break down the best available bitcoin mining software and the best ways to utilize them in this article.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/defi-crypto-tax-guidehttps://cryptotrader.tax/blog/defi-crypto-tax-guideIn this article, we dive into these questions and share the fundamentals of DeFi taxes as they relate to lending, borrowing, yield farming, liquidity pools, and earning.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/cryptocurrency-tax-problemhttps://cryptotrader.tax/blog/cryptocurrency-tax-problemCryptocurrency exchanges can't provide users with accurate tax documents. This guide breaks down why that is and discuss a solutionWed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/how-to-handle-cryptocurrency-mining-on-your-taxeshttps://cryptotrader.tax/blog/how-to-handle-cryptocurrency-mining-on-your-taxesAre you mining or staking cryptocurrency? Here are a few deductions that can minimize your tax bill.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/new-irs-cryptocurrency-tax-guidancehttps://cryptotrader.tax/blog/new-irs-cryptocurrency-tax-guidanceFor the first time since 2014, the IRS has issued new cryptocurrency tax guidance. This guide breaks down everything you need to know.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/irs-sending-more-cryptocurrency-warning-lettershttps://cryptotrader.tax/blog/irs-sending-more-cryptocurrency-warning-lettersThe IRS has begun sending out warning and action letters to suspected cryptocurrency holders similar to the 10,000+ letters they sent at this time last year (August 2019). Letters 6174 and 6173 are two different variations that alert suspected crypto holders of their tax reporting requirements. Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/uniswap-airdrop-taxeshttps://cryptotrader.tax/blog/uniswap-airdrop-taxesLearn how the Uniswap airdrops are treated from a tax perspective. The IRS treats cryptocurrency airdrops as income. The amount of income you recognize is equal to the fair market value of the crypto at the time it was received.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/what-to-do-with-your-1099-k-from-coinbase-gemini-or-gdax-for-crypto-taxeshttps://cryptotrader.tax/blog/what-to-do-with-your-1099-k-from-coinbase-gemini-or-gdax-for-crypto-taxesWhat do you do with your 1099-K that you received from your cryptocurrency exchange? This article addresses how to handle the necessary tax forms you need for your crypto taxesWed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/how-to-handle-your-bitcoin-and-crypto-losses-for-tax-purposeshttps://cryptotrader.tax/blog/how-to-handle-your-bitcoin-and-crypto-losses-for-tax-purposesLearn how to handle your bitcoin and crypto losses for tax reporting. This article discusses how to report crypto losses to the IRS as well as strategies for saving you money and using your capital losses to lower your tax bill.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/best-crypto-wallethttps://cryptotrader.tax/blog/best-crypto-walletThis article breaks down the best crypto wallets available in 2021. Whether you're a crypto beginner or pro, you'll be able to learn which cryptocurrency wallet is best for you.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/what-to-do-if-you-forgot-to-report-your-crypto-trades-on-last-years-tax-returnhttps://cryptotrader.tax/blog/what-to-do-if-you-forgot-to-report-your-crypto-trades-on-last-years-tax-returnA lot of crypto investors and traders are nervous about winding up with an audit and tax bill years down the road that they can't afford. The best solution to this is to simply be proactive.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/paying-taxes-on-bitcoinhttps://cryptotrader.tax/blog/paying-taxes-on-bitcoinThis guide walks through the fundamentals of paying taxes on Bitcoin and other cryptocurrenciesWed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/irs-john-doe-summons-kraken-and-circlehttps://cryptotrader.tax/blog/irs-john-doe-summons-kraken-and-circleIRS is coming after Kraken and Circle for customer information with John Doe Summons to crack down on crypto tax noncompliance.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/best-us-crypto-exchangeshttps://cryptotrader.tax/blog/best-us-crypto-exchangesThis guide takes a look at the best US crypto exchanges. If you're located in the United States, it's important to take a number of factors into consideration when choosing a crypto exchange.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/coinbase-to-stop-reporting-form-1099-k-to-irshttps://cryptotrader.tax/blog/coinbase-to-stop-reporting-form-1099-k-to-irsCoinbase will no longer be issuing Form 1099-K to the IRS nor qualifying customers. We discuss the tax implications in this blog.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/how-to-calculate-your-bitcoin-taxes-the-complete-guidehttps://cryptotrader.tax/blog/how-to-calculate-your-bitcoin-taxes-the-complete-guideThis guide breaks down the fundamentals of Bitcoin taxes and walks through the reporting process in the United States.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/irs-notice-cp2000-for-cryptocurrencyhttps://cryptotrader.tax/blog/irs-notice-cp2000-for-cryptocurrencyThis guide walks through CP2000, how cryptocurrency is treated for tax purposes, and what you can do about the CP2000 notice.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/ethereum-2-taxeshttps://cryptotrader.tax/blog/ethereum-2-taxesWhat are the tax implications of staking ETH 2.0? What about converting from ETH? Find out in this guide.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/axie-infinity-taxeshttps://cryptotrader.tax/blog/axie-infinity-taxesIf you play Axie Infinity, you’ve incurred multiple taxable events. Here’s what you need to know to stay compliant with IRS guidelines.Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/how-the-2021-infrastructure-bill-impacts-crypto-taxeshttps://cryptotrader.tax/blog/how-the-2021-infrastructure-bill-impacts-crypto-taxesThe 2021 infrastructure plan seeks to raise $28 billion through crypto taxes. Here’s what investors need to know. Wed, 18 Aug 2021 13:44:26 GMThttps://cryptotrader.tax/blog/binance-us-residents-losing-access-heres-how-you-should-preparehttps://cryptotrader.tax/blog/binance-us-residents-losing-access-heres-how-you-should-prepareBinance 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.Tue, 17 Aug 2021 21:25:40 GMThttps://cryptotrader.tax/blog/the-6-things-your-cpa-wont-tell-you-about-crypto-taxeshttps://cryptotrader.tax/blog/the-6-things-your-cpa-wont-tell-you-about-crypto-taxesCrypto taxes are the ultimate Wild West right now. Here are six things that you should be aware of before forking over thousands of dollars to a CPA for your crypto taxes.Fri, 30 Apr 2021 16:16:28 GMThttps://cryptotrader.tax/blog/why-your-tax-prep-business-should-focus-on-cryptocurrency-investorshttps://cryptotrader.tax/blog/why-your-tax-prep-business-should-focus-on-cryptocurrency-investorsThe 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.Fri, 30 Apr 2021 16:16:28 GMThttps://cryptotrader.tax/blog/new-irs-1040-tax-form-cryptocurrencyhttps://cryptotrader.tax/blog/new-irs-1040-tax-form-cryptocurrencyTwo days after the IRS released their updated and highly anticipated new cryptocurrency tax guidance in October of 2019, the agency circulated a draft of the new 1040 Schedule 1 for the upcoming 2019 tax season. On this new tax form, which will be filled out by all taxpayers in one way or another (aprox. 150 million), there is a check “yes” or “no” question at the very top:Fri, 30 Apr 2021 16:16:28 GMThttps://cryptotrader.tax/blog/paying-for-something-with-cryptohttps://cryptotrader.tax/blog/paying-for-something-with-cryptoPaying for a good or service with crypto is a taxable event and you realize capital gains or capital losses on the payment transaction. These gains and losses need to be reported on your taxes.Tue, 20 Apr 2021 17:23:13 GMThttps://cryptotrader.tax/blog/crypto-affiliate-programshttps://cryptotrader.tax/blog/crypto-affiliate-programsOur 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.Tue, 13 Apr 2021 05:14:02 GMThttps://cryptotrader.tax/blog/fbar-reporting-requirements-for-cryptocurrencyhttps://cryptotrader.tax/blog/fbar-reporting-requirements-for-cryptocurrencyDoes the Report of Foreign Bank and Financial Accounts (FBAR) apply to Cryptocurrency? This is a popular question within the crypto tax community to which no one has a definite answer.Tue, 13 Apr 2021 04:59:05 GMThttps://cryptotrader.tax/blog/turbotax-partners-with-cryptotrader-tax-bitcoin-and-cryptocurrency-tax-serviceshttps://cryptotrader.tax/blog/turbotax-partners-with-cryptotrader-tax-bitcoin-and-cryptocurrency-tax-servicesTurbotax is now offering tax support for Bitcoin and other cryptocurrencies through their partnership with leading crypto tax software company, CryptoTrader.Tax.Tue, 13 Apr 2021 04:59:05 GMThttps://cryptotrader.tax/blog/how-to-file-your-cryptocurrency-taxes-with-turbotaxhttps://cryptotrader.tax/blog/how-to-file-your-cryptocurrency-taxes-with-turbotaxIn this guide, we walk through the step-by-step process for crypto and bitcoin tax reporting within TurboTax—both online and desktop versions.Tue, 06 Apr 2021 22:39:25 GMThttps://cryptotrader.tax/blog/next-steps-australia-crypto-tax-reporthttps://cryptotrader.tax/blog/next-steps-australia-crypto-tax-reportIn this article, we discuss the next steps you can take for filing your cryptocurrency capital gains and income with your taxes. Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/irs-hires-tax-professionals-to-audit-crypto-tax-returnshttps://cryptotrader.tax/blog/irs-hires-tax-professionals-to-audit-crypto-tax-returnsOn Tuesday evening, May 12th 2020, the IRS sent out a Statement of Work soliciting private contractors to aid in the audits of cryptocurrency related tax returns. Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/irs-updates-guidance-1040-cryptocurrency-questionhttps://cryptotrader.tax/blog/irs-updates-guidance-1040-cryptocurrency-questionThe IRS released further guidance on who needs to answer 'yes' or 'no' to the virtual currency tax question on Form 1040.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/rebalancing-vs-hodl-crypto-portfolio-returnshttps://cryptotrader.tax/blog/rebalancing-vs-hodl-crypto-portfolio-returnsThis article provides a comparison of how rebalancing performs when compared to holding as they relate to crypto portfoliosTue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/best-crypto-trading-botshttps://cryptotrader.tax/blog/best-crypto-trading-botsLearn about the best crypto trading bots and the unique advantages they provide. Get the detailed review of each of the top tools and platforms.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/cryptotrader-tax-for-accountantshttps://cryptotrader.tax/blog/cryptotrader-tax-for-accountantsCalculating 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.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/the-ultimate-resource-list-for-crypto-traders-investorshttps://cryptotrader.tax/blog/the-ultimate-resource-list-for-crypto-traders-investorsCharting tools, decentralized exchanges, news aggregators, ICO information, and every resource you need for your crypto trading.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/how-to-calculate-your-trading-gains-with-cryptotrader-taxhttps://cryptotrader.tax/blog/how-to-calculate-your-trading-gains-with-cryptotrader-taxIf 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.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/cryptocurrency-tax-laws-heres-what-you-need-to-knowhttps://cryptotrader.tax/blog/cryptocurrency-tax-laws-heres-what-you-need-to-knowThis article addresses the current state of cryptocurrency tax laws and outlines the most important elements that you need to be aware of as a market participant.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/how-i-filed-crypto-taxes-using-cryptotrader-taxhttps://cryptotrader.tax/blog/how-i-filed-crypto-taxes-using-cryptotrader-taxI used CryptoTrader.Tax this year to automate the whole process. In this article, I am going to detail exactly how I filed my crypto taxes using the platform.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/3commas-partnershiphttps://cryptotrader.tax/blog/3commas-partnership3Commas has teamed up with CryptoTrader.Tax to bring automated gains and losses tax reporting to their users. One challenge that comes with trading cryptocurrency across multiple exchanges is tax reportingTue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/us-residents-losing-access-to-poloniexhttps://cryptotrader.tax/blog/us-residents-losing-access-to-poloniexPoloniex recently announced that it will be shutting down US operations and no longer provide services to US users. This guide discusses how you should prepare from both a trading and a tax reporting perspective.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/cryptotrader-tax-cryptohopperhttps://cryptotrader.tax/blog/cryptotrader-tax-cryptohopperCryptoHopper is one of the leading companies in this space providing trading bots and an automated trading platform for investors. As of today, CryptoHopper users can now seamlessly use CryptoTrader.Tax to handle all of their crypto tax reporting from their automated trading activity on CryptoHopper.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/how-to-handle-your-clients-cryptocurrency-tax-formshttps://cryptotrader.tax/blog/how-to-handle-your-clients-cryptocurrency-tax-formsMany 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.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/cryptocurrency-tax-report-next-stephttps://cryptotrader.tax/blog/cryptocurrency-tax-report-next-stepThis 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:Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/crypto-taxes-common-questions-answeredhttps://cryptotrader.tax/blog/crypto-taxes-common-questions-answeredThe most commonly asked crypto tax questions all answered in one place.Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/irs-crypto-1040-updatehttps://cryptotrader.tax/blog/irs-crypto-1040-updateThe IRS has doubled down on its cryptocurrency tax enforcement efforts by moving the infamous cryptocurrency question to the main American tax form: 1040. Tue, 06 Apr 2021 04:01:11 GMThttps://cryptotrader.tax/blog/how-to-file-your-bitcoin-and-crypto-taxes-with-taxacthttps://cryptotrader.tax/blog/how-to-file-your-bitcoin-and-crypto-taxes-with-taxactYou 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.Tue, 06 Apr 2021 04:01:11 GMT