Are you confident in accurately reporting cryptocurrency earnings on your tax returns?

CoinTracker Blog

Guides, tips, and strategies from crypto tax experts and seasoned investors.

Categories 12

One Simple Tax Election Could Let Crypto Traders Write Off Unlimited Losses
・3 min read・Crypto

One Simple Tax Election Could Let Crypto Traders Write Off Unlimited Losses

If you are a cryptocurrency “trader” in the eyes of the IRS, you may be able to greatly benefit from a frequently overlooked tax election called the “475(f) election.”

Shehan Chandrasekera, CPA

・3 min read

How Are Cryptocurrencies Classified In GAAP Financials?

・2 min read

Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting

・3 min read

One Simple Tax Election Could Let Crypto Traders Write Off Unlimited Losses

・3 min read

One Simple Tax Election Could Let Crypto Traders Write Off Unlimited Losses

・2 min read・Crypto

The IRS Is Hiring Consultants To Crack Down On Cryptocurrency Tax Evasion

・2 min read

The IRS Is Hiring Consultants To Crack Down On Cryptocurrency Tax Evasion

・3 min read・Crypto

Stablecoins Are Booming, But What Are The Tax Consequences?

・3 min read・Crypto

How to Eliminate Crypto Capital Gain Taxes by Investing in Opportunity Zones

Save time. Save money.

Join 3 million people who trust Cointracker with their crypto taxes

Start for free