How to reduce your crypto tax bill before year-end

How to reduce your crypto tax bill before year-end

December 23, 2022

By MURTUZA MERCHANT

With 2022 coming to a close, crypto investors can now use Accointing’s crypto tax software to calculate their net tax for all transactions from this year.

While 2022 has been a year to forget for most crypto investors, the daunting task of filing crypto tax returns before the end of December remains. Many investors worry about unrealized losses on their crypto portfolio, while a failure to report crypto assets and transactions on tax returns could land North American investors into hot water with the IRS.

To aid in filing your crypto taxes, cryptocurrency portfolio tracking and tax platform Accointing by Glassnode offers an easy solution to instantly import and review all crypto transactions and fill your crypto taxes in just a couple of clicks. What is more, its tax loss harvesting tool helps investors minimize what they owe in taxes.

How to reduce your crypto tax bill before year-end

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