DeFiTax Blog
Expert insights, guides, and updates on cryptocurrency taxation
Got a Crypto CP2000 Notice? How to Respond in Time
Got a crypto CP2000 notice? Learn what it means, how to respond, and what documentation you need to address the IRS before the deadline.
What Makes a Crypto Tax Report Audit-Ready?
Learn what makes a crypto tax report audit-ready, from complete transaction history and cost basis tracking to DeFi protocol records and on-chain audit trails that stand up to IRS scrutiny.
Illinois Enacts First-of-Its-Kind Crypto Transaction Tax
Illinois has become the first state to impose a 0.2% tax on certain crypto transactions. Learn who is affected, when the law takes effect, and how investors can prepare for compliance.
Inside the Ways & Means Hearing on Digital Asset Taxation: What You Need to Know
Lawmakers are advancing major crypto tax reforms aimed at simplifying reporting requirements and bringing greater clarity to digital asset taxation.
Could Your 1099-DA Trigger an IRS Review?
1099-DA increases IRS scrutiny, so accurate crypto reporting is essential to avoid flags.
What Is Form 1099-DA?
Form 1099-DA reports crypto transaction proceeds to the IRS, but it often excludes your cost basis, meaning it may not reflect your true taxable gain or loss.
What “Audit-Ready” Crypto Tax Reporting Actually Means
Audit-ready crypto reporting isn’t about clean PDFs. It is about proof, with every figure traceable to verifiable on-chain data.
How to Become Audit Ready in Crypto: The New Confidence Flex
Learn how to become Audit Ready in crypto with smart habits, powerful tools, and the right mindset. Discover how DeFiTax helps you stay compliant, organized, and confident no matter what tax season brings.
Navigating Crypto Taxes with Confidence: Your Guide to a Smooth Audit Experience
Imagine opening an IRS audit letter about your crypto taxes and feeling calm instead of panic. With accurate records and expert support, audits become manageable. DeFiTax delivers audit-ready reports from day one, giving crypto investors confidence and pe
Top 10 Crypto Tax Mistakes to Avoid This Year
Small crypto tax mistakes can lead to big IRS problems. From unreported staking rewards to wrong cost basis methods, learn the most common errors investors make and how to avoid them before penalties add up.
Crypto Gains and Losses: What’s Taxable and What’s Not?
Not all crypto activity is taxed the same way. Learn which gains are taxable, which losses can be deducted, and which transactions still need tracking so you can file accurately and avoid IRS issues.
Crypto for Freelancers: How to Stay Compliant with the IRS
Getting paid in crypto as a freelancer comes with serious tax responsibilities. Learn how the IRS treats crypto income, what mistakes to avoid, and how to stay compliant while maximizing deductions.
Crypto Taxes for Digital Nomads: Navigating Residency Rules and Double Taxation
Digital nomads face unique crypto tax challenges across borders. Learn how tax residency, double taxation, and global reporting rules affect crypto users and how to stay compliant wherever you live.
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