Expert perspectives on crypto taxation, tax planning, and wealth preservation from a former Big Four CPA.
Deribit options, IBIT covered calls, and CME futures options are taxed three different ways. A CPA prices premium, exercise, expiry, and assignment, and settles the 60/40 question per instrument.
Perps now trade on three regulatory tiers with three tax stories. A CPA maps Section 1256 per tier, funding both directions, liquidations, collateral traps, and a full worked year.
A crypto tax CPA reviews TokenTax for 2026: real pricing from $49 to $3,499, the software vs full-service question, and where you still need your own CPA.
Your 1099-DA, your wallet history, and your tax software all disagree. A CPA explains the five common mismatches and the exact reconciliation workflow.
Hyperliquid issues no tax forms and the IRS has no perp guidance. A CPA covers perps, hourly funding, the HYPE airdrop, and a full worked year with real numbers.
Form 1099-DA reports your crypto proceeds to the IRS, usually with no cost basis. A CPA explains every box, what to do before filing, and when to amend.
From 2026, gambling losses deduct at only 90%, itemizers only. A CPA runs the phantom income math, the standard deduction trap, the session question, and what event contract and crypto traders should do about it.
Robinhood issues no 1099 for event contracts, just an Annual Statement the IRS never sees. A CPA explains the form gap, four tax treatments, and a full worked year.
Section 1256's 60/40 rate could cut a prediction market trader's federal bill by a quarter, but no platform reports event contracts that way. A CPA walks the statutory test, the math, and the Form 6781 and Form 8275 mechanics.
Your state taxes prediction market profits too, and in some states a gambling characterization means tax on gross winnings with no loss deduction. A CPA maps all 50 states, prices one trader in five of them, and covers the 2026 changes.
How prediction market taxes work on Kalshi, Polymarket, Robinhood and more. A CPA splits platforms by settlement type and shows exactly what to report.
Kalshi sends 1099s for interest, rewards, and crypto conversions, but nothing for your trading profit. A CPA walks through every form, four tax treatments, and one full worked year.