Tracking Crypto For Taxes
For the last ten years, my tax prep on crypto was pretty easy. I have always had a buy and hold mindset and have custodied with Coinbase. So a simple report on Coinbase was all I needed to send to my tax folks. Pretty simple.
But as DeFi and NFTs have exploded on the scene, things have gotten more complicated. Swapping, bridging, staking, buying with ETH, SOL, FLOW, yield farming, liquidity mining. Across chains. On hardware wallets. On mobile wallets. It is giving me a headache just typing all of this into my browser.
So I’m on the hunt for the very best cross wallet/cross chain tax prep software for crypto. I am not seeking to invest in this sector, although I have friends who are. What I am seeking is suggestions from all of you. What do you use to deal with his headache?
If you have suggestions, please click on the link that says “Discuss on Twitter” and leave your suggestions there so everyone can see them. If you must email me, that’s fine too. I appreciate suggestions however you can send them. But I prefer Twitter because everyone will be able to see them.