Crypto Tax Knowledge Base
Learn Crypto Taxes
Plain-English guides to crypto taxes, IRS regulations, and tax-saving strategies. No jargon. No panic. Just what you need to know.
IRS Notice 2026-20: Your Records Control, Not the Exchange's
The IRS just gave explicit permission to use your own cost basis method through 2026. Here's what that means for you and why your own records are now the source of truth.
FIFO vs HIFO: Which Method Saves You More on Crypto Taxes?
Your choice of cost basis method can save you thousands. Here's how FIFO and HIFO work, when to use each, and how to pick the right one for your portfolio.
How to File Crypto Taxes in 2026: Step-by-Step
A plain-English guide to filing your crypto taxes for the 2025 tax year. No jargon, no panic. Just the steps.
What is Form 8949? A Plain-English Guide
Form 8949 is how you report crypto sales to the IRS. Here's what it is, what goes on it, and how to fill it out without losing your mind.
Cost Basis Explained: Why Your Exchange's Numbers Might Be Wrong
Your exchange doesn't always know what you paid for your crypto. Here's why cost basis gets messy and what to do about it.
Staking Rewards and Taxes: What the IRS Says
Yes, staking rewards are taxable. Here's when, how much, and what records you need to keep.
The 1099-DA is Coming in 2027: How to Prepare Now
Starting in 2027, crypto exchanges will report your sales to the IRS on Form 1099-DA. Here's what changes, what stays the same, and what you need to do now.
FIFO vs LIFO vs HIFO vs Specific ID: Crypto Tax Methods Compared
A side-by-side comparison of every cost basis method available for crypto. Which one minimizes your taxes?
Staking Fees and Taxes: Gross vs Net, and Why Your Exchange Makes It Confusing
Should you report the gross staking reward or the net amount after fees? Why some exchanges create phantom sells. And a simpler alternative most people don't know about.
7 Crypto Tax Mistakes That Cost You Money (and How to Avoid Them)
The most common errors people make filing crypto taxes, from missing transfers to using the wrong cost basis method. Each one can cost you hundreds or thousands.