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Fold 1099-DA Tax Form: Reporting Guide to Avoid Overpaying Taxes

Fold 1099-DA Tax Form: Reporting Guide to Avoid Overpaying Taxes

Learn what the Fold 1099-DA tax form means for your crypto taxes. Understand what it reports, how to handle it correctly, and how to avoid overpaying when you file.

Andrew DucaMarch 10, 2026
River 1099-DA Tax Form: How It Works and What to Do Next

River 1099-DA Tax Form: How It Works and What to Do Next

A simple guide to the River 1099-DA tax form - what it reports, how it impacts your tax return, and how to avoid common filing mistakes.

Andrew DucaMarch 10, 2026
Crypto.com 1099-DA Tax Form: Everything You Need to Know Before You File

Crypto.com 1099-DA Tax Form: Everything You Need to Know Before You File

Crypto.com reports your trades to the IRS on Form 1099-DA. Learn what’s included, why cost basis is often missing, and how to avoid overpaying your crypto taxes.

Andrew DucaFebruary 26, 2026
Venmo 1099-DA Tax Form: Don’t Let This Form Inflate Your Tax Bill

Venmo 1099-DA Tax Form: Don’t Let This Form Inflate Your Tax Bill

The IRS already has your Venmo crypto data. See what’s on your 1099-DA, why it’s often wrong, and how to avoid overpaying your taxes.

Andrew DucaFebruary 26, 2026
Robinhood 1099-DA Tax Form: Check these things before filing

Robinhood 1099-DA Tax Form: Check these things before filing

Got a Robinhood 1099-DA? Here’s what to check, what to fix, and how to avoid overpaying on your crypto taxes before you file with the IRS.

Andrew DucaFebruary 26, 2026
Crypto Tax Form 1099-DA: What is it and why did I receive one from my crypto exchange?

Crypto Tax Form 1099-DA: What is it and why did I receive one from my crypto exchange?

Tax form 1099-DA reports your crypto sales to the IRS - but for 2025 it omits cost basis. That means inflated gains, missing data, and taxpayer confusion. Here’s how it works and how to file correctly.

Andrew DucaFebruary 11, 2026
Does Gemini Report to the IRS? (Answered by Tax Experts

Does Gemini Report to the IRS? (Answered by Tax Experts

If you used Gemini, the IRS may already have your crypto data. Here’s what gets reported, when it happens, and how to stay on the right side of tax season.

Andrew DucaFebruary 5, 2026
Gemini 1099-DA Tax Form: What to Fix Before You File (Don't Overpay on Crypto Taxes)

Gemini 1099-DA Tax Form: What to Fix Before You File (Don't Overpay on Crypto Taxes)

Got a Gemini 1099-DA? Here’s what to check, what to fix, and how to avoid overpaying on your crypto taxes before you file with the IRS.

Andrew DucaFebruary 4, 2026
Binance US 1099-DA Tax Form: What to Do, What to Check, and How to Avoid Overpaying

Binance US 1099-DA Tax Form: What to Do, What to Check, and How to Avoid Overpaying

Binance’s 1099-DA isn’t always accurate. Here’s what it includes, what it misses, and how to file it correctly so you don’t overpay crypto taxes.

Andrew DucaJanuary 30, 2026
Does Binance Report to the IRS? (Answered by Tax Experts)

Does Binance Report to the IRS? (Answered by Tax Experts)

Think Binance is invisible to the IRS? Awaken's tax experts break down what’s reported, what isn’t, and the risks US users can’t ignore.

Andrew DucaJanuary 18, 2026
Yield Farming Taxes: The Rules DeFi Influencers Don’t Talk About

Yield Farming Taxes: The Rules DeFi Influencers Don’t Talk About

Liquidity pools, staking rewards, token swaps - yield farming creates taxable events fast. Learn how it’s taxed and how to avoid nasty surprises.

Andrew DucaJanuary 18, 2026
Crypto Tax Planning: 5 Proactive Crypto Tax Moves to Make

Crypto Tax Planning: 5 Proactive Crypto Tax Moves to Make

Still reacting at tax time? These 5 proactive crypto tax strategies can legally cut your bill before it’s too late. What pros do early that retail misses.

Andrew DucaJanuary 18, 2026
Kraken 1099-DA Tax Form: How to Handle Your Form and Avoid Overpaying Taxes

Kraken 1099-DA Tax Form: How to Handle Your Form and Avoid Overpaying Taxes

If Kraken sent you Form 1099-DA, it reports your crypto proceeds to the IRS - but often misses cost basis. Here’s what it means, why it’s incomplete, and how Kraken users should file correctly.

Andrew DucaJanuary 13, 2026
Coinbase 1099-DA Form: What Your Form Means and How to File It Correctly

Coinbase 1099-DA Form: What Your Form Means and How to File It Correctly

If Coinbase sent you Form 1099-DA, it reports crypto proceeds to the IRS - but often misses cost basis. Here’s what the form means, why it’s incomplete, and how to file correctly.

Andrew DucaJanuary 11, 2026
Tax Form 1099-DA: What is it and Why Did I Receive One from My Crypto Exchange

Tax Form 1099-DA: What is it and Why Did I Receive One from My Crypto Exchange

Tax form 1099-DA reports your crypto sales to the IRS - but for 2025 it omits cost basis. That means inflated gains, missing data, and taxpayer confusion. Here’s how it works and how to file correctly.

Andrew DucaJanuary 11, 2026
Crypto Perpetual Futures: Centralized vs Decentralized Trading Guide

Crypto Perpetual Futures: Centralized vs Decentralized Trading Guide

Compare the best crypto perpetual futures exchanges. Learn the differences between centralized and decentralized platforms, tax implications, and where to trade.

Andrew DucaDecember 28, 2025
Crypto Airdrop Tax: How your Airdrop is actually taxed

Crypto Airdrop Tax: How your Airdrop is actually taxed

Is your airdrop a tax time bomb? Learn the rules for reporting crypto airdrop tax, how to avoid the "value crash" tax trap, and see a global comparison of laws in our full guide.

Andrew DucaDecember 18, 2025
PancakeSwap Taxes Made Clear: Swaps, LPs, and Reporting Basics

PancakeSwap Taxes Made Clear: Swaps, LPs, and Reporting Basics

PancakeSwap trades can trigger taxable events. Learn how swaps, liquidity pools, farming rewards, and fees are taxed - and how to report them correctly.

Andrew DucaDecember 16, 2025
SushiSwap Taxes Explained: Full Guide

SushiSwap Taxes Explained: Full Guide

SushiSwap activity can create taxable events. Learn how swaps, liquidity pools, rewards, and fees are treated for tax reporting - and how to avoid common errors.

Andrew DucaDecember 16, 2025
Uniswap Taxes Explained (Without the Headaches)

Uniswap Taxes Explained (Without the Headaches)

Every Uniswap swap is a taxable event. Learn how DeFi trades, liquidity pools, fees, and rewards are taxed - and how to report them correctly.

Andrew DucaDecember 16, 2025
DeFi taxes: Complete guide to DeFi tax

DeFi taxes: Complete guide to DeFi tax

Swaps, staking rewards, farming yields - DeFi income is taxable the moment it hits your wallet. Learn how to report it and automate the process.

Andrew DucaDecember 10, 2025
NFT Taxes: Complete NFT Tax Handbook

NFT Taxes: Complete NFT Tax Handbook

NFT taxes made simple. Learn how to avoid penalties, stay compliant, and optimize your tax outcomes for maximum savings this year.

Andrew DucaDecember 9, 2025
Crypto Staking Tax: How your staking rewards are really taxed

Crypto Staking Tax: How your staking rewards are really taxed

Learn how crypto staking tax works. Understand when rewards are taxed, how to report staking income and capital gains, and smart ways to stay compliant.

Andrew DucaDecember 1, 2025
ZenLedger Review

ZenLedger Review

Is ZenLedger the right crypto tax software for you? Our review covers pricing, features, and competitors to help you simplify your crypto tax reporting.

Andrew DucaDecember 1, 2025
CoinLedger Review

CoinLedger Review

Is CoinLedger the right crypto tax software for you? Our review covers pricing, features, and competitors to help you simplify your crypto tax reporting.

Andrew DucaDecember 1, 2025
CryptoTaxCalculator Review

CryptoTaxCalculator Review

Is CryptoTaxCalculator the right crypto tax software for you? Our review covers pricing, features, and competitors to help you simplify your crypto tax reporting.

Andrew DucaNovember 17, 2025
CoinTracker Review

CoinTracker Review

Is CoinTracker the right crypto tax software for you? Our review covers pricing, features, and competitors to help you simplify your crypto tax reporting.

Andrew DucaNovember 17, 2025
Digital Asset Broker Reporting: IRS Rules Explained

Digital Asset Broker Reporting: IRS Rules Explained

Master IRS digital asset broker reporting requirements. Our expert guide covers Form 1099-DA, cost basis rules, NFT/stablecoin reporting, and covered vs noncovered securities compliance.

Andrew DucaNovember 12, 2025
TokenTax Review

TokenTax Review

Our TokenTax review covers pricing, plans, and core features. See its pros and cons, CPA support, and if it's the right crypto tax software for you.

Andrew DucaNovember 10, 2025
Koinly Review

Koinly Review

Is Koinly the right crypto tax software for you? Our review covers pricing, features, and competitors to help you simplify your crypto tax reporting.

Andrew DucaNovember 10, 2025
ZenLedger Alternatives: I tried the 6 other tax solutions to find an alternative

ZenLedger Alternatives: I tried the 6 other tax solutions to find an alternative

Hands-on comparison of top ZenLedger alternatives - accuracy, pricing, and features tested to find the best crypto tax solution.

Andrew DucaOctober 29, 2025
CoinLedger Alternatives: I tested 5 alternatives, only one was accurate

CoinLedger Alternatives: I tested 5 alternatives, only one was accurate

Hands-on comparison of top CoinLedger's alternatives - accuracy, pricing, and features tested to find the best crypto tax solution.

Andrew DucaOctober 19, 2025
CryptoTaxCalculator Alternatives: I tried them all, these are the best

CryptoTaxCalculator Alternatives: I tried them all, these are the best

Hands-on comparison of top CryptoTaxCalculator's alternatives - accuracy, pricing, and features tested to find the best crypto tax solution.

Andrew DucaOctober 19, 2025
Cointracker Alternatives: I tried 5 alternatives and decided on the best

Cointracker Alternatives: I tried 5 alternatives and decided on the best

Hands-on comparison of top Cointracker alternatives - accuracy, pricing, and features tested to find the best crypto tax solution.

Andrew DucaOctober 19, 2025
TokenTax Alternatives: I tried every alternative, only one got every transaction right

TokenTax Alternatives: I tried every alternative, only one got every transaction right

Hands-on comparison of top TokenTax alternatives - accuracy, pricing, and features tested to find the best crypto tax solution.

Andrew DucaOctober 19, 2025
Koinly Alternatives: I tried every alternative, these are the only ones worth using

Koinly Alternatives: I tried every alternative, these are the only ones worth using

Hands-on comparison of top Koinly alternatives - accuracy, pricing, and features tested to find the best crypto tax solution.

Andrew DucaOctober 19, 2025
Why Excel Is the Worst Way to Do Your Crypto Taxes

Why Excel Is the Worst Way to Do Your Crypto Taxes

Excel might work for 5 Bitcoin trades. But once you add swaps, staking rewards, and multiple wallets, it turns into chaos—broken formulas, missing prices, and phantom taxable events. One small mistake can lead to IRS or IT notices. This blog explains why Excel is the wrong tool for crypto taxes and shows a safer, faster

AnasOctober 3, 2025
How Was Bitcoin Founded and By Whom?

How Was Bitcoin Founded and By Whom?

A clear explainer on Bitcoin’s origins—Satoshi’s 2008 white paper, the Genesis Block, early builders, Satoshi’s exit—and what it means for your U.S. taxes.

AnasOctober 3, 2025
How do I track cost basis if I use multiple exchanges and wallets?

How do I track cost basis if I use multiple exchanges and wallets?

Track crypto cost basis across CEX, DEX, and wallets with one unified ledger. This guide shows how to pick a method (FIFO/LIFO/HIFO/Spec ID), tag transfers, build lots, reconcile balances, and stay audit-ready—plus how Awaken automates the boring parts.

AnasOctober 2, 2025
What is Grok Coin? Understanding the Meme Coin and Its Tax Implications

What is Grok Coin? Understanding the Meme Coin and Its Tax Implications

Unofficial “Grok” tokens aren’t from Elon Musk or xAI—but your trades can still be taxable. This guide explains what Grok Coin actually is, how US taxes apply to meme-coin buys/sells/swaps, how to claim losses on rug-pulls, and how Awaken auto-tracks your on-chain activity so you file Form 8949/Schedule D without spreadsheet pain.

AnasOctober 2, 2025
Corporate Treasuries Are Buying Crypto — But How Do They Handle Taxes?

Corporate Treasuries Are Buying Crypto — But How Do They Handle Taxes?

A practical guide to corporate crypto: policy, cost basis, GAAP vs IFRS, staking income, and audit-ready reporting with institutional tools.

AnasOctober 2, 2025
Find the Right Crypto CPA: Awaken Partners with Sam's list

Find the Right Crypto CPA: Awaken Partners with Sam's list

Looking for a crypto CPA? Awaken has partnered with Sam's list to help you find vetted tax professionals who understand DeFi, NFTs, and on-chain activity. Get connected today.

Andrew DucaSeptember 15, 2025
The ETF Effect: How Bitcoin & Ethereum ETFs Change Your Taxes in 2025

The ETF Effect: How Bitcoin & Ethereum ETFs Change Your Taxes in 2025

Crypto ETFs exploded in 2025, but they come with very different tax rules compared to direct holdings. This guide explains how Bitcoin and Ethereum ETFs are taxed, the risks of mixing ETFs with wallets, and how to keep reporting clean with Awaken.tax.

AnasSeptember 8, 2025
Solana in 2025: A Complete Guide to Tax Compliance and Investment Strategy

Solana in 2025: A Complete Guide to Tax Compliance and Investment Strategy

Solana has become one of the most active blockchains in 2025, powering DeFi, NFTs, and meme tokens. But with rapid growth comes tax complexity. This guide breaks down how SOL is taxed across staking, trading, and DeFi, the rules in different countries, common mistakes to avoid, and why using platforms like Awaken.tax can help investors track transactions, optimize cost basis, and file accurately.

AnasSeptember 5, 2025
Bitcoin vs Bitcoin Cash: Tax Implications Compared (Awaken.tax Guide)

Bitcoin vs Bitcoin Cash: Tax Implications Compared (Awaken.tax Guide)

Bitcoin vs Bitcoin Cash may look similar, but their tax treatment can differ — especially after the 2017 fork. In this guide, we break down BTC vs BCH price history, taxable events, forks, and mining income. See how Awaken.tax automates reporting for both assets, helping you stay compliant while saving time.

AnasSeptember 4, 2025
How to Report Crypto Taxes in 2025: IRS Forms 8949, Schedule D & More | Awaken Tax

How to Report Crypto Taxes in 2025: IRS Forms 8949, Schedule D & More | Awaken Tax

Learn how to report crypto taxes in 2025 with Awaken. Step-by-step guide to IRS crypto tax forms 8949, Schedule D, Schedule 1, and more. Automate reporting for DeFi, NFTs, staking, and income with Awaken’s crypto tax software.

Andrew DucaSeptember 1, 2025
Crypto Tax Forms 2025: How Awaken Simplifies IRS Crypto Tax Reporting

Crypto Tax Forms 2025: How Awaken Simplifies IRS Crypto Tax Reporting

Learn how to report crypto taxes in 2025 with Awaken. Understand IRS forms like 1099-MISC, 1099-DA, 1099-B, and Form 8949, and see how Awaken’s crypto tax software automates reporting for DeFi, NFTs, and staking.

Andrew DucaSeptember 1, 2025
IRS Crypto Regulations 2024 (Rev. Proc. 2024-28): What Per Wallet Accounting Means for You

IRS Crypto Regulations 2024 (Rev. Proc. 2024-28): What Per Wallet Accounting Means for You

New IRS rules (Rev. Proc. 2024-28) require per wallet accounting for crypto starting Jan 1, 2025. Learn what this means, how the safe harbor works, and why Awaken Tax already complies out of the box.

Andrew DucaAugust 31, 2025
A Complete Guide to Crypto Tax Rates in the United States (2025)

A Complete Guide to Crypto Tax Rates in the United States (2025)

In the US, the IRS treats cryptocurrency as property, meaning nearly every transaction is taxable. Short-term gains are taxed as ordinary income (up to 37%), while long-term gains enjoy lower rates (0–20%). Mining, staking, and airdrops are taxed as income at fair market value. Investors must also file Form 8949 for gains and can deduct up to $3,000 in capital losses annually. With NFTs, DeFi, and foreign exchange reporting rules adding complexity, crypto tax compliance in 2025 requires careful tracking and accurate reporting.

AnasAugust 29, 2025
Bitcoin Q4 Outlook: Why The Next Few Months Could Be Bullish

Bitcoin Q4 Outlook: Why The Next Few Months Could Be Bullish

Bitcoin is entering one of the most important stretches of the year. historically, q4 has delivered strong gains, with average returns of 44 percent from late august to christmas. while september has always been bitcoin’s weakest month, 2025 feels different. with record etf inflows, institutional demand, and a growing correlation to gold, the setup suggests q4 could bring sustainable growth rather than short-term hype.

AnasAugust 29, 2025
How to do crypto taxes on Coinbase Prime

How to do crypto taxes on Coinbase Prime

Learn how to do your taxes on Coinbase Prime to stay compliant with the IRS. Sync your Coinbase Prime account with Awaken.tax for easy, accurate reporting.

Andrew DucaAugust 28, 2025
Does Coinbase Report to the IRS? The Big January 2025 Update Explained.

Does Coinbase Report to the IRS? The Big January 2025 Update Explained.

Does Coinbase report to the IRS? The short answer is yes, but the details have changed in a big way. Starting January 1, 2025, Coinbase began reporting certain crypto transaction information directly to the IRS on a new tax form, Form 1099-DA. This marks the most significant shift yet in crypto tax reporting rules, and it will impact millions of U.S. crypto users.

AlexAugust 27, 2025
Crypto Taxes Simplified—for You and the IRS

Crypto Taxes Simplified—for You and the IRS

Crypto taxes just landed in the spotlight: starting 2025, exchanges must send a 1099-DA with your crypto sale details to the IRS. That makes filing easier but also gives the IRS powerful new tools to audit your gains—or missed taxes.

AnasAugust 25, 2025
Crypto Tax Reporting Just Got Simpler — But the IRS Now Sees More, Too

Crypto Tax Reporting Just Got Simpler — But the IRS Now Sees More, Too

Crypto investors will soon receive Form 1099-DA from brokers, making tax filing easier but also giving the IRS direct access to your crypto gains and losses.

AnasAugust 25, 2025
Common U.S. Crypto Tax FAQs: IRS Guidance and Expert Insights (2025)

Common U.S. Crypto Tax FAQs: IRS Guidance and Expert Insights (2025)

Crypto is taxed as property in the U.S., meaning sales, trades, and income like staking or mining are taxable events. Learn IRS rules, required forms, tax rates, and how new Form 1099-DA affects compliance in 2025.

AnasAugust 25, 2025
What Is a Digital Asset? IRS Rules Explained

What Is a Digital Asset? IRS Rules Explained

Digital assets include crypto, stablecoins, and NFTs. The IRS treats them as property, meaning sales, trades, or income events can trigger taxes. Learn what counts, how to report, and how new Form 1099-DA rules affect compliance.

AnasAugust 25, 2025
Best Crypto Tax Software in 2025 | Full Comparison Guide

Best Crypto Tax Software in 2025 | Full Comparison Guide

Discover the best crypto tax software in 2025. Compare top tools like Awaken, Koinly, and ZenLedger to simplify reporting, reduce stress, and stay compliant.

AlexAugust 22, 2025
Why Bitcoin Whales Are Rotating Into Ethereum: Market Signals and Tax Implications

Why Bitcoin Whales Are Rotating Into Ethereum: Market Signals and Tax Implications

Bitcoin whales are starting to rotate profits into Ethereum. A 7-year holder sold 670 BTC (~$76M) and bought 68,130 ETH on leverage—part of a broader shift where institutional players see ETH’s yield, leverage, and infrastructure as better growth plays than BTC. This isn’t capital leaving crypto, it’s capital rotating.

AnasAugust 21, 2025
Ethereum Taxes in 2025: Navigating Pectra, DeFi, and Staking Rules

Ethereum Taxes in 2025: Navigating Pectra, DeFi, and Staking Rules

Ethereum is evolving fast, and so are the tax rules. In 2025, the “Pectra” upgrade boosted network efficiency, but it also added new reporting complexity for investors. Every sale, trade, or DeFi move with ETH can create taxable events, while staking rewards are taxed as income at receipt and again when sold. Even buying NFTs with ETH counts as disposal. U.S. investors face detailed IRS reporting, India enforces a 30% flat tax plus TDS, and Europe varies by country. The rise of Ethereum ETFs is drawing more regulators to clarify DeFi taxation, making accurate reporting more important than ever. Manual tracking is nearly impossible given the transaction volume, but tools like Awaken.tax integrate directly with wallets and DeFi protocols to automate compliance. With clear documentation and the right software, ETH holders can stay compliant, reduce audit risks, and focus on investing instead of wrestling with spreadsheets

AnasAugust 21, 2025
Types of Crypto Strategies for You to Explore

Types of Crypto Strategies for You to Explore

Looking for the best crypto strategies? From HODLing and dollar-cost averaging to staking and active trading, explore proven methods to manage risk and grow your crypto portfolio in 2025.

AnasAugust 18, 2025
Crypto Tax Myths in 2025: Fact vs. Fiction

Crypto Tax Myths in 2025: Fact vs. Fiction

Crypto tax rules in 2025 are clearer than ever, but myths still cause costly mistakes. This guide debunks common misconceptions about stablecoins, DeFi rewards, small trades, gifting, and reporting — helping you stay compliant with IRS and global tax standards.

AnasAugust 16, 2025
Mistakes to Avoid While Reporting Crypto Taxes

Mistakes to Avoid While Reporting Crypto Taxes

Reporting crypto taxes can be tricky in 2025, with new rules like IRS Form 1099-DA and global frameworks increasing scrutiny. This guide highlights the most common mistakes investors and businesses make from misreporting DeFi income to ignoring stablecoin disposals and explains how to avoid them with proper recordkeeping and compliance practices.

AnasAugust 16, 2025
Hedera in 2025: A Projected Enterprise Adoption Case Study

Hedera in 2025: A Projected Enterprise Adoption Case Study

Hedera (HBAR) is gaining traction after its Robinhood listing, highlighting its enterprise council model, predictable low fees, high throughput, and real-world deployments by firms like Avery Dennison, eftpos, Standard Bank, and Shinhan Bank. This blog breaks down Hedera’s unique features, council governance, and why enterprises are adopting it for scalable, carbon-negative applications.

AnasAugust 16, 2025
Taxes on Stablecoins: A 2025 Guide for Individuals and Businesses

Taxes on Stablecoins: A 2025 Guide for Individuals and Businesses

Stablecoins may feel like digital cash, but for tax purposes they’re treated as property. That means every sale, swap, or spend can create a reportable event, even if the gain is only pennies. In 2025, IRS broker reporting (Form 1099-DA) begins, and HMRC rules continue to apply in the UK, making compliance more visible than ever. This guide breaks down how stablecoin activities like swaps, payments, DeFi, and payroll are taxed—and what individuals and businesses need to do to stay compliant

AnasAugust 16, 2025
Awaken Joins Nansen Points Season 02: Unlock Exclusive Discounts on Crypto Tax Reporting

Awaken Joins Nansen Points Season 02: Unlock Exclusive Discounts on Crypto Tax Reporting

Awaken has joined Nansen Points Season 02! From Sept 25–Dec 31, redeem your Nansen Points (NXP) for up to 30% off Awaken subscriptions. Claim your discount code in the Nansen Points Hub and simplify your crypto tax reporting today.

Andrew DucaAugust 15, 2025
Digital Asset Market Clarity Act 2025: What Regulatory Clarity Would Mean for Enterprise Adoption and Tax Planning

Digital Asset Market Clarity Act 2025: What Regulatory Clarity Would Mean for Enterprise Adoption and Tax Planning

The Digital Asset Market Clarity Act 2025 could reshape crypto by setting clear rules for custody, tax reporting, and compliance — paving the way for broader institutional adoption of blockchain.

AnasAugust 12, 2025
Why TokenTax's Tax “Minimization” Is Misleading

Why TokenTax's Tax “Minimization” Is Misleading

Understand HIFO, LIFO, and FIFO in crypto taxes, how IRS Specific Identification rules work, and why TokenTax’s “tax minimization” often just defers gains rather than saves you any money.

Andrew DucaAugust 12, 2025
Wash-Sale Rule: Does It Apply to Crypto? Current Law & Future Proposals

Wash-Sale Rule: Does It Apply to Crypto? Current Law & Future Proposals

Crypto is exempt from the wash-sale rule, letting traders harvest losses and rebuy instantly in the US. But new proposals could end this tax advantage soon. Learn what’s changing and how to prepare.

Andrew DucaAugust 12, 2025
Quarterly Estimated Crypto Taxes: Safe Harbor Rule for Active Traders

Quarterly Estimated Crypto Taxes: Safe Harbor Rule for Active Traders

Avoid penalties with the IRS Safe Harbor rule for quarterly estimated crypto taxes. Awaken calculates your exact capital gains and loss so you can make estimates payments from last year’s onchain trades so you can pay on time and trade stress-free.

Andrew DucaAugust 12, 2025
Ethereum vs. The Competition 2025

Ethereum vs. The Competition 2025

Ethereum’s 2025 dominance isn’t just about being first — it’s about being the only blockchain with the developer depth, regulatory clarity, and enterprise-ready tax infrastructure that serious institutions trust. From Layer-2 scalability to audit-ready DeFi reporting, here’s why Ethereum remains the benchmark for institutional adoption.

AnasAugust 9, 2025
How Russia Taxes Crypto in 2025: Complete Awaken Tax Guide

How Russia Taxes Crypto in 2025: Complete Awaken Tax Guide

Russia’s 2025 crypto tax rules explained—PIT brackets, corporate rates, mining rules, and harsh penalties. Automate compliance with Awaken Tax.

Andrew DucaJuly 24, 2025
Congress Nixes the DeFi-Broker Rule - What That Means for Form 1099-DA

Congress Nixes the DeFi-Broker Rule - What That Means for Form 1099-DA

Congress has repealed the DeFi-broker rule, eliminating the requirement for decentralized platforms to issue Form 1099-DA. However, custodial exchanges are still on track to report crypto trades using the new form starting in 2025.

Andrew DucaJuly 10, 2025
Why did we make Awaken?

Why did we make Awaken?

We made Awaken because we wanted to solve the worst part of using crypto: doing your taxes.

Andrew DucaJuly 4, 2025
Big Beautiful Bill Passes—But Crypto Tax Relief Gets Left Behind

Big Beautiful Bill Passes—But Crypto Tax Relief Gets Left Behind

The U.S. Congress has now sent President Trump’s sweeping One Big Beautiful Bill Act (OBBB) to the Resolute desk after a nail-biter 218-214 House vote that followed a 51-50 Senate cliff-hanger on July 1, decided by Vice-President JD Vance.

Andrew DucaJuly 3, 2025
New Lummis Bill Could Make Crypto Purchases Under $300 Tax-Free

New Lummis Bill Could Make Crypto Purchases Under $300 Tax-Free

Sen. Cynthia Lummis’ new crypto tax bill creates a $300 de minimis exemption (capped at $5 k yearly) and defers taxes on mining/staking—simplifying everyday crypto use.

Andrew DucaJuly 3, 2025
Global Crypto Tax Support: Awaken is Available in 55+ Countries

Global Crypto Tax Support: Awaken is Available in 55+ Countries

Awaken Tax, the leading crypto tax software built by on-chain natives, today announced its expanded global availability, now supporting tax reporting in over 55 countries worldwide. This update ensures that individual traders, institutions, and accountants around the globe can leverage Awaken’s intuitive dashboard, real-time portfolio tracking, and automated tax-form generation to stay compliant, no matter where they are.

AlexJuly 2, 2025
Robinhood Brings Tokenized U.S. Stocks to Europe: What EU Investors Need to Know About Taxes on RWAs

Robinhood Brings Tokenized U.S. Stocks to Europe: What EU Investors Need to Know About Taxes on RWAs

Robinhood has officially launched tokenized U.S. stocks on a Layer 2 blockchain for EU investors, marking a significant step in the convergence of traditional finance and crypto-native systems. This rollout allows users to trade fractional, tokenized shares of U.S. equities and ETFs 24/5 using crypto infrastructure, bypassing many traditional brokerage limitations and offering direct dividend support.

AlexJuly 2, 2025
Robinhood’s Layer 2 Blockchain and Tokenized Stocks: A New Era for Crypto Investors

Robinhood’s Layer 2 Blockchain and Tokenized Stocks: A New Era for Crypto Investors

Robinhood has taken a major step toward the future of finance by launching tokenized stocks on a Layer 2 blockchain, initially using Arbitrum before transitioning to its own chain optimized for real-world assets (RWAs). This move brings fractional, 24/5 trading of U.S. stocks and ETFs onto blockchain rails, allowing crypto investors to access traditional markets using stablecoins and crypto with unprecedented flexibility.

AlexJuly 1, 2025
Puerto Rico Capital Gains Tax: 2025 Guide for U.S. & Island Investors

Puerto Rico Capital Gains Tax: 2025 Guide for U.S. & Island Investors

Puerto Rico’s 15% long-term capital gains tax rate and the potential 0% under Act 60, can slash capital-gains bills for investors willing to relocate and truly make the island home. But the savings hinge on meticulous day-count tracking, genuine economic ties, and correct filing of both Hacienda and IRS forms.

AlexJune 27, 2025
Is Sending Crypto to Another Wallet Taxable?

Is Sending Crypto to Another Wallet Taxable?

One of the most common transactions in crypto is sending tokens from one wallet to another. Whether you’re shuffling tokens between exchanges and cold storage, sending tokens to friends, or topping up your mobile wallet to transact on your phone. But do these transfers trigger taxable events? If you’re transferring tokens between wallets you own, the short answer is no (but be careful to practice good record keeping!) If you’re transferring tokens to a friend or paying for goods, the answer is probably yes.

AlexJune 27, 2025
How to Import Coinbase Pro to Awaken and Generate Tax Reports

How to Import Coinbase Pro to Awaken and Generate Tax Reports

Although Coinbase Pro has been deprecated (as of December 2023), many users still need to import their historical trades to ensure a complete and accurate tax report. Awaken Tax supports CSV imports from Coinbase Pro for this purpose.

AlexJune 26, 2025
Gemini Taxes: Ultimate Filing Guide (What to Report, What the IRS Already Knows)

Gemini Taxes: Ultimate Filing Guide (What to Report, What the IRS Already Knows)

Gemini is a popular crypto exchange available globally, offering spot trading, staking, and custodial wallets. Awaken Tax integrates with Gemini via the Vezgo API, allowing you to securely import your full transaction history using API keys. This guide explains how to generate API keys in Gemini, connect them via Awaken, and understand the applicable tax documents based on your location.

AlexJune 26, 2025
Binance Taxes: How Reporting Works and How to Avoid Overpaying

Binance Taxes: How Reporting Works and How to Avoid Overpaying

Binance reports more to tax authorities than most users realize. Learn what’s taxable, what isn’t, and how to avoid costly crypto tax mistakes.

AlexJune 26, 2025
How to Report Taxes on your Blast Blockchain Transactions

How to Report Taxes on your Blast Blockchain Transactions

Blast is a fast-growing Ethereum Layer 2 (L2) blockchain that offers native yield on ETH and stablecoins, as well as a budding DeFi ecosystem. If you’ve bridged assets, earned yield, or traded on Blast, you will have tax obligations tied to those transactions. So, how do you report taxes on your Blast trades? With our direct connection, Awaken makes it easy! This guide shows you how to import your Blast transaction history to Awaken and prepare for tax season with confidence.

AlexJune 26, 2025
How to Report Taxes for Binance Smart Chain (BSC) With Awaken

How to Report Taxes for Binance Smart Chain (BSC) With Awaken

Binance Smart Chain (also referred to as Binance EVM or simply BSC) is one of the most widely used blockchains for DeFi, NFTs, and on-chain trading. Whether you're farming yield, swapping tokens, or bridging assets, your Binance Smart Chain activity may be subject to crypto tax rules. Awaken Tax makes it easy to track your BSC transactions by connecting directly to your wallet address. This guide explains how to import your BSC activity into Awaken to generate accurate, compliant tax reports.

AlexJune 26, 2025
How to Report KuCoin Taxes with Awaken

How to Report KuCoin Taxes with Awaken

Awaken makes reporting your Kucoin taxes simple. All you need to do is upload a CSC of your Kucoin transaction history, and we handle the calculations for you! This guide will take you through each step of the process from start to finish.

AlexJune 26, 2025
How to Report Magic Eden NFT Taxes with Awaken

How to Report Magic Eden NFT Taxes with Awaken

Magic Eden is a top-tier multichain NFT marketplace, supporting Solana, Ethereum, Bitcoin Ordinals, Base, and more. Whether you're flipping NFTs, minting inscriptions, or collecting digital art, every transaction may carry tax consequences — and Awaken Tax helps you stay on top of them.

AlexJune 26, 2025
Connecting Your Avalanche Wallet to Awaken Tax

Connecting Your Avalanche Wallet to Awaken Tax

Thanks to Awaken’s direct C-Chain integration, you can sync every Avalanche transaction in seconds. Once your wallet is added to Awaken, we sync your transactions and compile your audit-ready tax reports, covering DeFi trades, NFT activity, staking rewards, cross-chain bridges, and everything else you do on-chain.

AlexJune 19, 2025
Connecting Your Sui Wallet to Awaken and Generating Tax Reports

Connecting Your Sui Wallet to Awaken and Generating Tax Reports

Awaken offers direct wallet integration for Sui, so you can sync every on-chain transaction—swaps, NFT mints, airdrops, staking rewards, and more—in seconds and generate an accurate crypto tax report with no manual calculations required.

AlexJune 18, 2025
Reporting Polygon Taxes with Awaken

Reporting Polygon Taxes with Awaken

Polygon is one of the most popular and affordable Ethereum-compatible blockchains, widely used for DeFi, gaming, NFTs, and low-cost token transfers. With direct wallet integration in Awaken, syncing your Polygon transactions takes just seconds — no CSVs, no hassle.t

AlexJune 18, 2025
Doing Your Tangem Wallet Taxes with Awaken

Doing Your Tangem Wallet Taxes with Awaken

Tangem Wallet is a secure and highly convenient cold storage solution that supports over 85 blockchain networks and more than 16,000 cryptocurrencies and tokens, making it one of the most versatile hardware wallets available. If you use Tangem to self-custody crypto across chains like Bitcoin, Ethereum, Solana, or Layer 2 networks, Awaken enables seamless tax reporting by syncing on‑chain transactions straight from your Tangem addresses. For any chains not supported natively, you can easily import transaction history via CSV.

AlexJune 17, 2025
🧩 Connecting Your Ethereum Wallet to Awaken

🧩 Connecting Your Ethereum Wallet to Awaken

Ethereum is at the heart of the decentralized ecosystem, and with Awaken, it's never been easier to track your on-chain transactions and generate crypto tax reports. Simply paste your public wallet address, and we’ll automatically pull your full Ethereum transaction history, including trades, transfers, NFTs, staking rewards, DeFi transactions and anything else you do on-chain.

AlexJune 6, 2025
Exodus Crypto Tax Guide

Exodus Crypto Tax Guide

Learn how to seamlessly connect your Exodus wallet to Awaken for accurate crypto tax reporting. Step-by-step guidance for hassle-free cryptocurrency tax compliance.

AlexJune 6, 2025
Connecting Your Trezor Wallet to Awaken Tax

Connecting Your Trezor Wallet to Awaken Tax

Awaken makes it simple to report your crypto taxes when using a Trezor hardware wallet. Whether you're managing assets on Ethereum, Bitcoin, Solana, or other blockchains, just paste your wallet address. We’ll automatically import your transaction history and generate accurate tax reports for you.

AlexJune 6, 2025
Kraken Crypto Tax Guide

Kraken Crypto Tax Guide

Simplify your Kraken crypto tax reporting with Awaken. Automatically import trades, generate accurate tax forms, and stay compliant with IRS regulations. Fast, secure, and hassle-free.

AlexJune 6, 2025
🧩 Connecting Your Base Wallet to Awaken Tax

🧩 Connecting Your Base Wallet to Awaken Tax

Whether you're farming early Base ecosystem rewards, flipping NFTs, or bridging ETH from Ethereum mainnet, Awaken ensures that every taxable event is captured and categorized properly, allowing you to generate tax reports in 20 minutes or less!

AlexJune 5, 2025
How to Report Taxes on your Optimism L2 Transactions

How to Report Taxes on your Optimism L2 Transactions

Awaken makes reporting your crypto taxes on Optimism fast and hassle-free. Once you add your wallet address, we automatically pull in your entire transaction history — from swaps and transfers to NFTs and airdrops — so you can generate accurate tax reports in just a few clicks.

AlexJune 5, 2025
How to Report Taxes on your Arbitrum Transactions

How to Report Taxes on your Arbitrum Transactions

Awaken makes it effortless to track your transactions and calculate taxes on Arbitrum, one of the most widely used Ethereum Layer 2 networks. Just connect your wallet address, and we’ll automatically sync your full transaction history, including swaps, NFT activity, bridging, and DeFi interactions.

AlexJune 5, 2025
🧩 Connecting Your Ledger Wallet to Awaken Tax

🧩 Connecting Your Ledger Wallet to Awaken Tax

Awaken makes it easy to track and report your Ledger wallet transactions — whether you use it for Ethereum, Bitcoin, Solana, or other blockchains. Simply connect the wallet addresses you’ve used, and we’ll automatically pull in your on-chain transactions. For less common chains, you can import your history using a CSV file.

AlexJune 5, 2025
How to Get Your Crypto.com Tax Report & File Taxes

How to Get Your Crypto.com Tax Report & File Taxes

Get your Crypto.com tax report easily with our step-by-step guide. Learn how to import transactions, generate accurate tax documents, and file your crypto taxes confidently with Awaken Tax.

AlexJune 5, 2025
Trust Wallet Tax Guide & IRS Reporting

Trust Wallet Tax Guide & IRS Reporting

Learn how Trust Wallet transactions are reported to the IRS and manage your crypto taxes efficiently. Get expert guidance on tax compliance and reporting requirements for Trust Wallet users.

AlexJune 4, 2025
Coinbase Taxes: How to File Without Overpaying

Coinbase Taxes: How to File Without Overpaying

Once you sign up for Awaken, you can connect your Coinbase account and start doing your taxes in under a minute! Once connected, we immediately begin syncing your transactions and preparing your tax reports.

AlexJune 3, 2025
Are Crypto Gas Fees Tax-Deductible?

Are Crypto Gas Fees Tax-Deductible?

Every on-chain transaction requires a “gas” fee paid to validators, and when you’re swapping tokens or minting an NFT, those gas fees have added tax implications of their own. Whether that implication reduces this year’s taxable income or adjusts the cost basis of the asset hinges on why you paid it and when in the asset’s life cycle it occurred.

AlexJune 3, 2025
Coinbase Wallet Tax Guide: How to File Crypto Taxes

Coinbase Wallet Tax Guide: How to File Crypto Taxes

Learn how to properly file & report taxes for your Coinbase Wallet crypto transactions, including DeFi, NFTs & swaps. Expert guidance on self-custody tax obligations & reporting requirements.

Andrew DucaJune 3, 2025
Can You Gift Crypto Tax-Free?

Can You Gift Crypto Tax-Free?

Gifting cryptocurrency can be a smart way to share wealth or help family members enter the market, but whether the transfer is truly tax-free depends on where you live and how the gift is structured. Below is a 360° view of U.S. rules and how other major jurisdictions treat crypto gifts, along with practical valuation tips.

AlexJune 3, 2025
Awaken Security Practices

Awaken Security Practices

Awaken is built by experienced engineers with a deep focus on security, including SOC II compliance, AES-256 encryption, and read-only access to your crypto accounts.

Andrew DucaJune 3, 2025
Is Wrapping a Token Taxable? Discussing WBTC, WETH, and Wrapping Transactions

Is Wrapping a Token Taxable? Discussing WBTC, WETH, and Wrapping Transactions

When you wrap a token, you lock the original asset in a smart contract and receive a 1-for-1 synthetic in its place. Sometimes tokens are wrapped to be used on a different chain (e.g., BTC → WBTC on Ethereum or Solana) or to be used more easily in DeFi (ETH → WETH on Ethereum).

AlexJune 3, 2025
Impermanent Loss: What it is and When You Can Claim a Deduction

Impermanent Loss: What it is and When You Can Claim a Deduction

When you supply two tokens to an automated-market-maker (AMM) like Uniswap or Curve, you receive LP (liquidity-provider) tokens that track your pro-rata share of the pool. If the market price of the pair drifts while your funds sit in the pool, the mix of tokens re-balances. Compared with simply “HODLing,” this means you end up with fewer of the appreciating token and more of the depreciating one. This is loss of tokens is known as impermanent loss (IL).

AlexJune 2, 2025
Airdrop Taxes 101: How Airdrops are Taxed Around The World

Airdrop Taxes 101: How Airdrops are Taxed Around The World

Airdrops are a popular way for crypto projects to distribute tokens to early users, and other relevant people in the community. But as exciting as “free money” is to you, you’re not the only one printing. Most tax authorities treat airdrops as taxable income, so you can expect to be sharing those profits.

AlexMay 31, 2025
Are Crypto Swaps Taxable? Guide to Token Exchange Tax Rules

Are Crypto Swaps Taxable? Guide to Token Exchange Tax Rules

Understand how crypto swaps are taxed by the IRS. Learn when token exchanges trigger capital gains, reporting requirements, and tax implications for cryptocurrency trades.

AlexMay 31, 2025
FIFO vs. LIFO vs. HIFO: Picking Your Reporting Strategy for Crypto Capital Gains

FIFO vs. LIFO vs. HIFO: Picking Your Reporting Strategy for Crypto Capital Gains

When you sell or swap crypto, the order in which you match disposals to your purchase “lots” determines your capital-gains bill. The IRS lets U.S. taxpayers choose between First-In-First-Out (FIFO) or a “Specific Identification” method such as Last-In-First-Out (LIFO) or Highest-In-First-Out (HIFO). The convention you choose can shrink your tax liability or inflate it, so here’s what you need to know about how to choose the strategy best for you.

AlexMay 31, 2025
How to Reduce Crypto Taxes for 2025

How to Reduce Crypto Taxes for 2025

Learn proven strategies to legally minimize your crypto tax burden. Expert tips on tax-loss harvesting, long-term holding, and IRA investments to keep more of your crypto profits.

Andrew DucaMay 31, 2025
How to Report Crypto on TurboTax

How to Report Crypto on TurboTax

Learn how to easily report cryptocurrency trades on TurboTax. Step-by-step guide for importing transactions, calculating gains/losses, and filing crypto taxes accurately.

Andrew DucaMay 31, 2025
Crypto Taxes USA: Crypto Tax Guide for the United States

Crypto Taxes USA: Crypto Tax Guide for the United States

IRS crypto reporting just got stricter with 2025's Form 1099-DA. Our expert US tax guide reveals capital gains rates, wash sale rules, DeFi taxation, and legal strategies to minimize your crypto tax bill.

AlexMay 30, 2025
Global Crypto Tax Landscape 2025: Rules, Rates & Trends in 20+ Countries

Global Crypto Tax Landscape 2025: Rules, Rates & Trends in 20+ Countries

Why a global view of crypto taxes matters: Crypto markets never sleep, and neither do tax authorities. Investors frequently move assets across borders, interact with on‑chain protocols that have no geographic boundaries, and may even change residency.

AlexMay 30, 2025
Taxes on NFT Royalties: How to Report Creator Revenue on Schedule C

Taxes on NFT Royalties: How to Report Creator Revenue on Schedule C

NFT royalties are on-chain payments made to creators each time their digital artwork is resold. Despite being paid in crypto, the IRS treats these recurring royalty streams as ordinary business income, not capital gains, and requires serious creators to report them on Schedule C of Form 1040. This guide will walk you through classifying your NFT royalty income, maintaining proper records, and accurately reporting your earnings to stay IRS-compliant.

AlexMay 30, 2025
Is Bridging Crypto a Taxable Event? 4 Common Scenarios Explained

Is Bridging Crypto a Taxable Event? 4 Common Scenarios Explained

As the crypto ecosystem expands across multiple chains, bridging assets has become a common activity for users looking to take advantage of different networks, DeFi protocols, and opportunities. But what happens at tax time? Is bridging your crypto from Ethereum to Arbitrum, or from Solana to Avalanche, considered a taxable event?

AlexMay 29, 2025
Does MetaMask Report to The IRS?

Does MetaMask Report to The IRS?

Even though MetaMask doesn’t directly report to the IRS, your transaction history isn’t entirely private. If you’ve used centralized exchanges like Coinbase or Kraken, or fiat-to-crypto services like Moonpay, these platforms may have already shared your wallet addresses and transactional details with the IRS.

AlexMay 29, 2025
🇿🇦 The Complete Crypto Tax Guide For South Africa in 2025

🇿🇦 The Complete Crypto Tax Guide For South Africa in 2025

This guide covers the tax treatment of crypto transactions, reporting requirements, taxable events, capital gains, income from staking and mining, NFTs, and how to stay compliant. We’ve also included some simple strategies that crypto investors can use to reduce their tax bill each year.

AlexMay 28, 2025
🇩🇰 The Complete Crypto Tax Guide For Denmark in 2025

🇩🇰 The Complete Crypto Tax Guide For Denmark in 2025

This guide covers how crypto is taxed in Denmark, including differences between capital gains and income tax, DeFi, NFTs, and how to stay compliant. We’ll discuss how to report, what to report, and when to report, as well as some simple strategies for reducing your annual tax bill.

AlexMay 28, 2025
🇬🇷 The Complete Crypto Tax Guide For Greece in 2025

🇬🇷 The Complete Crypto Tax Guide For Greece in 2025

This guide covers tax implications for buying, selling, and earning crypto in Greece. We cover all taxable events, their specific tax consequences, how and while to file, and we include some strategies for reducing your crypto tax bill.

AlexMay 28, 2025
🇫🇮 The Complete Crypto Tax Guide For Finland in 2025

🇫🇮 The Complete Crypto Tax Guide For Finland in 2025

This guide covers every type of tax crypto investors can expect to incur by investing, trading, and transacting in crypto. We’ll go over each type of taxable event, explain which type of tax it is subject to, when and how to file taxes, and strategies for reducing your total crypto tax bill each year.

AlexMay 28, 2025
🇳🇴 The Complete Crypto Tax Guide for Norway in 2025

🇳🇴 The Complete Crypto Tax Guide for Norway in 2025

This guide covers everything you may need to know about crypto taxes in Norway, including all taxable events, how to calculate the tax implications of your transactions, and how and when to report. We’ll also go over simple strategies for reducing your tax bill each year.

AlexMay 25, 2025
Crypto Tax New Zealand: Complete Guide for 2025

Crypto Tax New Zealand: Complete Guide for 2025

This guide covers the major areas of crypto taxation in New Zealand, including trading, mining, staking, NFTs, and DeFi. We’ll go over each type of taxable event and the rates at which each is taxed, and we'll give investors in the country some tips and tricks for reducing their crypto tax bills.

AlexMay 24, 2025
The Jito Foundation’s Second Legal Analysis of The Taxation LSTs - What Stakers Need to Know

The Jito Foundation’s Second Legal Analysis of The Taxation LSTs - What Stakers Need to Know

The Jito Foundation just released its second legal analysis regarding how liquid staking tokens should be treated for tax purposes. The argument - authored by David Forst, Sean McElroy & Matt Dimon at Fenwick & West - highlights several key points that all holders of jitoSOL should be aware of. This article discusses the main points of the analysis, what the tax implications are, and why this matters for SOL stakers.

AlexMay 24, 2025
🇨🇭 The Complete Crypto Tax Guide for Switzerland (2025)

🇨🇭 The Complete Crypto Tax Guide for Switzerland (2025)

Switzerland is widely known as a friendly tax environment for both its citizens and wealthy individuals around the world, with clear tax rules and favorable treatment for all types of investments, including cryptocurrency and digital assets. Crypto is considered a form of private wealth (like cash or shares of stock) in Switzerland, and how it’s taxed depends on whether you're classified as a private individual or a professional trader.

AlexMay 23, 2025
🇳🇱 The Complete Crypto Tax Guide for the Netherlands in 2025

🇳🇱 The Complete Crypto Tax Guide for the Netherlands in 2025

This guide covers how to calculate and pay taxes on your crypto holdings in The Netherlands in 2025. We will explain the Netherlands’ Box 3 system in detail, go over what it means depending on your individual circumstances, and offer tips and tricks for reducing your tax liability.

AlexMay 22, 2025
Crypto Tax for Belgium in 2025: Full Guide

Crypto Tax for Belgium in 2025: Full Guide

In this guide, we’ll go over all of the various tax implications on crypto investments and transactions in Belgium. We’ll cover what constitutes income vs. capital gains, what tax rates are, the difference between private and professional investing, and how to file online. We’ll also end with tips and tricks on how taxpayers in Belgium can reduce their crypto taxes legally.

AlexMay 22, 2025
Austria Crypto Tax: Full Guide for 2025

Austria Crypto Tax: Full Guide for 2025

This guide covers everything you need to know about paying taxes on crypto transactions in Austria, including when to report, which forms to file, how to calculate your taxes, and which transactions are actually taxable. We’ll also explain some basic strategies that anyone can use to reduce their tax liability.

AlexMay 21, 2025
Portugal Crypto Tax Guide 2025

Portugal Crypto Tax Guide 2025

Learn how crypto is taxed in Portugal in 2025, including tax rates, regulations, reporting requirements & exemptions. Expert guidance on optimizing your crypto tax position.

AlexMay 20, 2025
Cryptocurrency Tax Guide France 2025

Cryptocurrency Tax Guide France 2025

Learn how cryptocurrency is taxed in France with our comprehensive 2025 guide. Understand tax rates, reporting requirements, and strategies to minimize your crypto tax liability.

AlexMay 20, 2025
The Complete Crypto Tax Guide for Italy in 2025

The Complete Crypto Tax Guide for Italy in 2025

The Agenzia delle Entrate (Italian Revenue Agency) is the primary authority responsible for tax enforcement and compliance in Italy. Under the 2023 Budget Law, Italy introduced a formal definition of “crypto-assets” and clarified their tax treatment, aligning with the EU’s MiCA (Markets in Crypto-Assets) regulation.

AlexMay 19, 2025
Awaken Now Supports Crypto Taxes for Canada!

Awaken Now Supports Crypto Taxes for Canada!

We're excited to announce that Awaken Tax now fully supports crypto tax reporting for Canada! Canadian crypto users can effortlessly manage their taxes with Awaken's best-in-class software. This is article is a brief introduction to doing crypto taxes in Canada with Awaken.

AlexMay 19, 2025
Crypto Tax Guide Spain: Complete Guide to Spanish Crypto Taxes

Crypto Tax Guide Spain: Complete Guide to Spanish Crypto Taxes

Learn how to properly report crypto taxes in Spain, understand capital gains rules, and discover legal ways to minimize your tax liability. Expert guidance for 2025 tax compliance.

AlexMay 19, 2025
The Complete Crypto Tax Guide for Ireland in 2025

The Complete Crypto Tax Guide for Ireland in 2025

In Ireland, cryptocurrency transactions are subject to existing tax laws; there are no special tax rules for crypto or crypto-assets. Crypto is instead taxed based on how The Office of the Revenue Commissioners (Revenue) treats specific activities for tax purposes.

AlexMay 14, 2025
Crypto Tax Australia: Complete Guide for 2025

Crypto Tax Australia: Complete Guide for 2025

Learn how to properly report cryptocurrency taxes in Australia with our comprehensive 2025 guide. Get expert tips on regulations, taxable events, and legal ways to minimize your crypto tax liability.

AlexMay 14, 2025
Crypto Tax Germany 2025: Complete Guide

Crypto Tax Germany 2025: Complete Guide

Learn how crypto is taxed in Germany in 2025: tax rates, regulations, reporting requirements & strategies to minimize your crypto tax burden. Expert guidance for German investors.

AlexMay 13, 2025
What is An Aggressive Tax Stance, and Can it Reduce Your Crypto Taxes?

What is An Aggressive Tax Stance, and Can it Reduce Your Crypto Taxes?

Adopting an aggressive stance means deciding that certain ambiguous transactions do not constitute taxable events. Consequently, you opt not to report income or capital gains associated with these transactions. This potentially lowers your tax bill.

AlexMay 7, 2025
Do You Have to Report Crypto Under $600?

Do You Have to Report Crypto Under $600?

All taxable cryptocurrency transactions—whether you realized $1 or $1,000—must be reported on your tax return, as the $600 threshold only applies to businesses issuing 1099s, not to your reporting obligations. This rule covers gains, trades, payments received, staking rewards, and airdrops, while simply holding or transferring crypto between your own wallets remains non-taxable.

Andrew DucaMay 5, 2025
What Happens if I Don't File My Crypto Taxes?

What Happens if I Don't File My Crypto Taxes?

Failing to file cryptocurrency taxes can trigger hefty failure-to-file and failure-to-pay penalties, accruing interest, IRS audits (using exchange data), and even criminal charges for willful evasion. Staying compliant—by filing on time (even if you can’t pay in full), amending past returns, and using transaction-tracking software or professional guidance—helps you avoid these consequences.

Andrew DucaMay 5, 2025
Hyperliquid Taxes: How to Pay Taxes on Your Hyperliquid Assets

Hyperliquid Taxes: How to Pay Taxes on Your Hyperliquid Assets

Hyperliquid assets like cryptocurrencies and tokenized stocks offer unparalleled liquidity but come with nuanced tax obligations—every trade, staking reward, or dividend can trigger reporting requirements. By meticulously tracking transactions, understanding cost basis, and leveraging tools like dedicated tax software, you can stay compliant and optimize your tax outcomes. Proactive strategies such as tax-loss harvesting and holding assets long-term can further reduce your tax burden.

Andrew DucaMay 5, 2025
MetaMask Taxes: A Full Reporting Guide

MetaMask Taxes: A Full Reporting Guide

Learn how to properly report and track your MetaMask crypto transactions for tax purposes. Get expert guidance on calculating cost basis, tracking DeFi income, and staying IRS compliant.

Andrew DucaMay 5, 2025
How to Reduce Your Crypto Taxes

How to Reduce Your Crypto Taxes

Learn proven strategies to legally minimize your crypto tax burden. Expert tips on tax-loss harvesting, long-term holding, and IRA investments to keep more of your crypto profits.

AlexMay 4, 2025
Bitcoin Taxes in 2025 and Beyond

Bitcoin Taxes in 2025 and Beyond

This guide explains how Bitcoin innovations like Runes, Ordinals, and BRC-20 tokens introduce a variety of new taxable events—ranging from minting and trading to airdrops and payments—that require meticulous cost-basis tracking. It then outlines best practices for accurate reporting, including using dedicated crypto tax software (or manual records when needed), documenting all fees and acquisition details, and keeping personal and business transactions separate to stay compliant and avoid common mistakes.

Andrew DucaMay 4, 2025
How to Start Trading Memecoins

How to Start Trading Memecoins

Memecoins are speculative, meme-driven cryptocurrencies marked by extreme volatility and fueled by social media hype. Successful participation requires rigorous research, disciplined risk management, and precise tax reporting—ideally automated through a specialized platform like Awaken Tax.

Andrew DucaMay 4, 2025
Phantom Wallet Taxes: A Complete Guide

Phantom Wallet Taxes: A Complete Guide

Learn how to seamlessly connect your Phantom wallet to Awaken for accurate crypto tax reporting. Track Solana transactions and stay compliant with easy-to-use tax tools.

Andrew DucaMay 4, 2025
How Much Does Hayden Davis Owe In Taxes?

How Much Does Hayden Davis Owe In Taxes?

How much Hayden Davis owes in taxes for $LIBRA

Andrew DucaMay 3, 2025
UK Crypto Taxes: Ultimate Guide for 2025

UK Crypto Taxes: Ultimate Guide for 2025

Learn how UK crypto tax works: CGT & Income Tax rules, allowances, DeFi, NFTs, and special cases. Expert guidance on HMRC compliance for all crypto transactions.

AlexMay 3, 2025
Trump To Eliminate Crypto Capital Gains Tax: Fact or Fiction?

Trump To Eliminate Crypto Capital Gains Tax: Fact or Fiction?

Eric Trump stated that under the Trump Administration, capitals gains on crypto would be tax free. What to expect if that happens.

AlexMay 2, 2025
Solana Crypto Tax Guide: Calculate SOL Taxes

Solana Crypto Tax Guide: Calculate SOL Taxes

Navigate Solana's tax complexities with ease. From airdrops to NFTs, learn how to properly report your SOL transactions and stay IRS-compliant with our comprehensive 2024 tax guide.

AlexApril 30, 2025
Canada Crypto Taxes: Complete Guide to Crypto Tax in Canada

Canada Crypto Taxes: Complete Guide to Crypto Tax in Canada

Canadian crypto tax made simple: when CRA treats gains as business income (fully taxable) vs capital gains (50% taxable), plus reporting requirements, deductions, and tax-saving tips for 2025.

Andrew DucaApril 30, 2025
Do you need to pay crypto taxes? - A Guide to Crypto Taxes in 2025

Do you need to pay crypto taxes? - A Guide to Crypto Taxes in 2025

Understanding your tax obligations when dealing with cryptocurrencies is essential for staying compliant and avoiding costly penalties. We'll answer this question and teach you everything you need to know.

Andrew DucaApril 30, 2025