Crypto Tax
What Does a Crypto Tax Accountant Actually Do?
A step-by-step explanation of how a crypto tax accountant turns exchange, wallet, DeFi, and broker records into a supportable tax return.
Garrett Taylor·Aug 12, 2026·8 min read
Insights
Expert perspectives on crypto taxation, tax planning, and wealth preservation from a former Big Four CPA.
Crypto Tax
The CLARITY Act and Your Crypto Taxes: What It Is, What It Changes, and What It Means for Your Return
The CLARITY Act rewrites who regulates crypto, not how it's taxed. A CPA breaks down what changes, what doesn't, and the real tax effects to watch.
Garrett Taylor·Jul 21, 2026·30 min read
Crypto Tax
Crypto Options Taxes (2026): A CPA's Guide to Premiums, Exercise, Assignment, and the 60/40 Question
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.
Garrett Taylor·Jul 9, 2026·21 min read
Crypto Tax
Crypto Perpetual Futures Taxes (2026): A CPA's Guide to Perps on Every Platform, Funding, and Liquidations
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.
Garrett Taylor·Jul 9, 2026·22 min read
Crypto Tax
TokenTax Review 2026: A Crypto Tax CPA's Honest Walkthrough
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.
Garrett Taylor·Jul 9, 2026·17 min read
Crypto Tax
Your 1099-DA Doesn't Match Your Records: The Three-Record Problem, Fixed (2026)
Your 1099-DA, your wallet history, and your tax software all disagree. A CPA explains the five common mismatches and the exact reconciliation workflow.
Garrett Taylor·Jul 9, 2026·19 min read
Crypto Tax
Hyperliquid Taxes (2026): A CPA's Guide to Perps, Funding Payments, and the Airdrop the IRS Never Saw
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.
Garrett Taylor·Jul 9, 2026·21 min read
Crypto Tax
I Got a 1099-DA, Now What? A CPA Walks Through Every Box (2026)
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.
Garrett Taylor·Jul 9, 2026·20 min read
Crypto Tax
The New Gambling Loss Deduction Rules (2026): The 90% Cap, the Itemizing Trap, and What It Means for Event Contract Traders
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.
Garrett Taylor·Jul 9, 2026·19 min read
Crypto Tax
Robinhood Prediction Market Taxes (2026): The Statement You Get, the 1099 You Don't, and What You Owe
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.
Garrett Taylor·Jul 9, 2026·21 min read
Crypto Tax
Section 1256 and Event Contracts (2026): Do Kalshi and Prediction Markets Get 60/40 Treatment?
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.
Garrett Taylor·Jul 9, 2026·20 min read
Crypto Tax
State Taxes on Prediction Market Winnings (2026): The Second Bill Kalshi, Polymarket, and Robinhood Traders Forget
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.
Garrett Taylor·Jul 9, 2026·19 min read