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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.
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 (*)
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