7 Crypto Tax Mistakes to Avoid in 2026
Seven crypto tax and recordkeeping mistakes to check before filing, including swaps, wallet transfers, Form 1099-DA, cost basis, and staking rewards.
What Is Form 1099-DA and Why Did I Get One?
Form 1099-DA reports certain digital asset dispositions. Learn why basis may be blank, what proceeds mean, and how to reconcile the form with your records.
How to Rebuild Crypto Records After an Exchange Bankruptcy
When an exchange bankruptcy disrupts your records, preserve the evidence, reconstruct the transaction trail, and separate missing data from tax conclusions.
Why Does My Form 1099-DA Show a Higher Gain?
A blank basis field on Form 1099-DA is not a zero basis. Learn how to trace the sale to its acquisition and reconcile broker proceeds with your records.
FTX, Celsius, and Crypto Exchange Bankruptcy Tax Treatment
A frozen crypto exchange account is not an automatic tax loss. Track original basis, the bankruptcy claim, recoveries, and the closing event.
Are Staking Rewards Taxable? What Rev. Rul. 2023-14 Says
Staking rewards are generally ordinary income at fair market value when a cash-method taxpayer gains dominion and control over the rewarded units.
Crypto Cost Basis: FIFO, HIFO, and Specific ID
Compare FIFO, HIFO, and specific identification under current IRS digital-asset rules, including timely lot selection and wallet-by-wallet basis.
DeFi Taxes: Swaps, Liquidity Pools, Lending, and Yield
DeFi tax treatment depends on the assets, rights, and income involved. Learn how to document swaps, liquidity pools, lending, rewards, and fees.
How to Calculate Crypto Capital Gains and Losses
Calculate crypto capital gains using amount realized, adjusted basis, fees, lot identification, and the correct short-term or long-term holding period.
Should a Small Business Hold Crypto?
Before a small business holds or accepts cryptocurrency, document purpose, entity ownership, custody, approvals, accounting, tax, and liquidity controls.
Accepting Crypto Payments: A Recordkeeping Guide
A practical crypto payment workflow for small businesses: invoices, wallet ownership, dollar values, processor settlements, fees, and reconciliation.
Crypto Tax Software Problems: What to Review
Review crypto tax software for missing purchase history, duplicate imports, transfer errors, prices, and balance differences before relying on tax reports.
