Chain Reaction Host Tom Shaughnessy hosts Alex Miles and Zac McClure, the co-founders of TokenTax. The team answers our most nuanced crypto tax questions and get into detail on how the founders are scaling their tax software. This was a must-listen episode for anyone filling their crypto taxes.

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Show Notes

(1:35)    –  (First Question)  Token Tax Background

(3:39)    –  How hard it was to do Crypto Taxes in past years

(6:28)    –  Main reasons people come to Token Tax

(7:56)    –  Token Tax, does it reduce Audits

(12:27)    –  Minimization, a new option to calculate tax burden

(18:12)    –  Is a complex Tax Code good for business

(24:10)    –  Insights about Tax Loss Harvesting going into New Year

(28:52)    –  What’s behind integrating New DeFi Platforms

(30:30)    –  Tax implications of staking ETH 2.0 (*)

(33:27)    –  Inside Token Tax and Active Aggregators

(36:00)    –  Rebasing coins (*)

(37:57)    –  How are rug pulls accounted for (*)

(39:58)    –  Implications on moving from BTC to WBTC (*)

(41:09)    –  Biggest Mistakes that the average Crypto Investor makes with their Taxes (*)

 

(*) questions posed by our Delphi Twitter members


Resources:

Guest’s Twitter:  https://twitter.com/TokenTax

Guest’s Website: https://tokentax.co/

Tom's Twitter: https://twitter.com/Shaughnessy119

Delphi Podcast Twitter: https://twitter.com/PodcastDelphi



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Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Delphi’s transparency page can be viewed here.