Here are the big takeaways from our conversation with the Head of Tax and Compliance Strategy at Accointing, David Canedo -

  • Crypto taxes are complex. Even the IRS needs software to figure out your capital gains/losses.
  • The is no one right answer. All tax tracking apps will provide a range of results.
  • More people are moving towards DIY tax filing, using apps instead of hiring a professional.
  • Increased clarity and guidance are needed for tracking global DeFi activities, given that many crypto users do more than just buy and hold.

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