Cost Basis
How to Optimize Your Crypto Cost Basis in 2026
FIFO vs HIFO vs Spec ID: see what each cost basis method does to your crypto tax bill, with real examples and how to pick the right one.
Garrett Taylor 9 min read
Reviewed by a Former Big 4 CPA
Crypto Taxes, Made Clear.
Crypto tax insights and concepts made easy to understand and reviewed by a Former Big 4 CPA. All blog posts are for educational purposes only and do not constitute tax advice.
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CPA Reviewed
Tax Insights
2026 Crypto Capital Gains Tax Brackets (Real Examples)
2026 crypto capital gains tax rates for short and long-term holdings, with real calculations at three income levels. Know what you owe.
Garrett Taylor 11 min read
Tax Insights
Crypto Gambling & Sweepstakes: 2026 Tax Rules
How crypto gambling winnings, prediction markets, and sweepstakes are taxed in 2026. W-2G thresholds, loss deductions, and offshore rules.
Garrett Taylor 10 min read
Tax Insights
Crypto Gift Tax 2026: $19k Exclusion & Estate Planning
How crypto gift tax works in 2026: the $19,000 annual exclusion, lifetime exemption, when Form 709 is required, and estate planning basics.
Garrett Taylor 10 min read
DeFi
How Crypto Income Tax Works: Staking, Mining, Airdrops
Is staking taxable? How mining, airdrops, and crypto wages are taxed as ordinary income in 2026, with real examples and the rates you pay.
Garrett Taylor 10 min read
Tax Insights
Crypto Tax-Loss Harvesting 2026: Wash-Sale Rules
How to use crypto tax-loss harvesting in 2026. Learn the $3,000 deduction, wash-sale exemption status, and step-by-step strategy.
Garrett Taylor 11 min read
IRS
Crypto Taxes by State: TX, FL, CA, NY in 2026
How crypto taxes vary by state in 2026. Compare Texas, Florida, California, and New York rules for capital gains and reporting.
Garrett Taylor 10 min read
Tax Forms
FBAR & Form 8938 for Crypto: Foreign Exchange Reporting
Do you need to file FBAR or Form 8938 for foreign crypto exchanges? Learn the thresholds, deadlines, and penalties for 2026.
Garrett Taylor 10 min read
Cost Basis
FIFO vs HIFO vs Spec ID for Crypto Taxes
Compare FIFO, Specific Identification (e.g. HIFO) for crypto taxes with real calculations. Find the method that saves you the most.
Garrett Taylor 12 min read
Tax Forms
How to Reconcile Form 1099-DA With Your Crypto Records (2026)
Got a 1099-DA from your exchange? Learn how to read it, fix the wrong or missing cost basis it often shows, and reconcile it with Form 8949 for 2026.
Garrett Taylor 11 min read
IRS
How Is Crypto Taxed in the US? (2026 Guide)
Learn how crypto is taxed in the US for 2026. IRS rules for capital gains, income tax, 1099-DA, and what triggers a taxable event.
Garrett Taylor 10 min read
IRS
IRS Letters 6173, 6174, 6174-A: What to Do
Got an IRS crypto letter? Learn the difference between Letters 6173, 6174, and 6174-A, and exactly how to respond in 2026.
Garrett Taylor 10 min read