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Used a Crypto Trading Bot? What You Must Report to the IRS

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

A bot runs for a year and closes 40,000 trades. Most of them make almost nothing. Buy price and sell price are close enough that the profit on any single trade rounds to zero.

Then the tax return comes due, and the volume that...


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How Crypto Asset Bridging Works and What It Means for Your Taxes

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

A trader moves Bitcoin from one blockchain to another. Maybe it gets wrapped. Maybe a bridge takes it and issues a new token on the other side. The transaction settles in seconds.

The tax question is not that fast. Bridging is ...


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Your 1099-DA Says Short Term. Your Records Say Long Term. Here Is Why.

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

You bought Bitcoin three years ago. It sat in a hardware wallet. Last spring you moved it to an exchange and sold it two months later.

The exchange's


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How to Resolve a $100,000 IRS Tax Bill: What a Former IRS Revenue Officer Says Actually Works

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit, and Michael Raanan, MBA, EA | Founder & President, Landmark Tax Group

A notice arrives showing a balance of $100,000. The tax year on it is two years old, the amount does not match a...


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IRS Data Security Gaps and the New Physical Risk to Crypto Holders

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

In January 2025, kidnappers took Ledger co-founder David Balland and his partner from their home in central France. They severed one of his fingers and demanded a ransom paid in crypto. Police recovered the couple.

Fre...


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