Crypto Tax Guide USA

Wondering about the tax implications of bridging your crypto assets? We’ve got the answers for you in our blog.

Everything you need to know about crypto gambling and its possible tax implications.

The US Treasury Department and the IRS have walked back plans to tax US crypto companies 15% on unrealised gains. This may encourage more corporations to add crypto to their balance sheet, increasing institutional demand.

Tax experts discuss whether Donald Trump is likely to issue an executive order to reduce or eliminate capital gains tax from cryptocurrency, and what other policies might benefit investors.

These are the tactics the IRS uses to collect data, track crypto and match it to your identity. And what to do if you've get audited.

In a landmark move, the White House has released a comprehensive report on digital assets which proposes major changes to crpyto tax, including significant cuts for US investors.

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How Trump's Tariffs Could Impact the Crypto Market

Struggling to understand crypto mining and its tax implications? We break it all down for you in this blog.

Staking has increased in popularity in the crypto world. We have detailed everything you need to know about staking and its tax consequences in this article.

Struggling to understand what a smart contract is and how they work? We break it all down for you in this blog.

One of the new ideas in the crypto space in using your crypto as collateral to borrow money. Of course it's a little different to traditional loans so here's everything you need to know about borrowing crypto.

A comprehensive guide to top cryptocurrency wallets in the market to safely store your assets. From hot digital wallets to hardware wallets, this guide will help users pick the most valuable wallet with features that meet your specific needs.

Wondering what the difference is between a CEX and a DEX, and how that might impact your experience come tax time? Read our latest blog for all the information you need.

Struggling to understand what a blockchain explorer is and how to use one? We break it down for you in this blog.

IRS Letters 6174, 6174-A, 6173, and CP2000 look scary at first, but there’s no need to panic – here's how to respond to each.

Learn how to calculate crypto capital gains tax in the U.S. with this step-by-step guide. Understand FIFO, LIFO, HIFO, and Specific ID methods to reduce your tax bill.

In this guide we’ll run through everything you need to know about Form 8949 and how to fill it out.

This guide will walk you through the steps to upload Coinbase data into Summ (formerly Crypto Tax Calculator) by three methods: an API, CSV upload or via OAuth. Uploading your transactions allows Summ to calculate your Coinbase tax obligation.

Reporting your Bitcoin transactions on your federal taxes is essential to comply with IRS regulations.

Learn how Bitcoin is taxed in the U.S., the difference between short and long-term capital gains, and how timing your sale can cut your crypto tax bill.

Learn how Bitcoin is taxed in the U.S., the difference between short and long-term capital gains, and how timing your sale can cut your crypto tax bill.

Capital losses from stocks, crypto and other investments can be used to offset gains and help you lower your tax bill. Here's what you need to know.

Swapping one crypto for another is a taxable event, and you will need to work out the USD value of your capital gain or loss to report on your taxes.

Our senior tax advisor discusses the accounting methods - Last In, First Out, First In First Out and others, which can be applied for cryptocurrency transactions, and the ATO tax guidelines for traders and investors.

Summ (formerly Crypto Tax Calculator) is proud to support TaxScouts, a fast and effortless tax preparation tool in the United Kingdom. You can easily prepare a self-assessment tax return, and have it sorted by a certified accountant online. Follow these steps to get your tax return sorted out.

Our senior tax advisor discusses the tax implications of trading cryptocurrency as a business in Australia, and the ATO guidelines around distinguishing between a trader or investor for crypto tax.

A step-by-step walkthrough of everything you need to know about calculating your MetaMask crypto tax.

A guide to the implications of rebase tokens such as OHM and TIME.

The complete guide to understanding and filing your NFT taxes in the US.

Summ (formerly Crypto Tax Calculator) is one of the simplest tax calculators on the market but the tax process is complicated no matter where you live. This guide breaks down the step by step process for getting your crypto taxes calculated as quickly as possible.

A guide to liquidity pools, LP tokens and how to report them on your taxes.

Bitcoin is taxed as either capital gains or income tax depending on the transaction. Learn how to do your Bitcoin taxes with this guide.

This guide shows you two methods for uploading your crypto tax information to TurboTax. Updated for 2025.

This guide contains everything you need to know about how to calculate your crypto taxes for the 2024 tax year. It includes crypto tax brackets, crypto capital gains tax, how to report losses, and includes legal ways to lower your bill. Plus  how to prepare yourself for some big changes to crypto taxes in 2025.

If you’ve received a CP2000 notice for crypto, you need to take immediate action. This guide explains what a CP2000 notice means for crypto investors, how to respond, and steps to avoid future issues.

Report your crypto taxes to the IRS with this step-by-step guide that includes important tips and ways to reduce your tax bill.

The complete guide to understanding and filing your DeFi taxes in the US.