Law & Policy

Crypto tax reporting: current state of play

I can tell people are confused.

This thread summarizes the current state of play in 7 short posts. Post 7 provides the carefree option that I personally use.

Crypto tax reporting: current state of play

I can tell people are confused.

This thread summarizes the current state of play in 7 short posts. Post 7 provides the carefree option that I personally use.

https://paragraph.xyz/@cryptotaxguy.eth/tax-reporting-current-state-of-play

Tax partner & digital assets co-head @ Fried Frank. Art appreciatoor. Casts are not advice. Twit: CryptoTaxGuyETH. Deca: https://deca.art/CryptoTaxGuy

I work in the accounting field I'm curious in how taxes work in the crypto industry

They are pretty messy depending on what sort of user you are. There are platforms that automate most of it by scanning your wallets transaction history. But for the rest, beats me 🤷‍♂️😭

Solid first reply 🫡 1000 $DEGEN 💎✊