Crypto Taxes 101
Decoding the Complexity of Digital Asset Taxes
It’s tax season. For many who own or interact with crypto and other digital assets, the IRS’s guidance on crypto tax reporting has raised more questions than answers.
Taxes aren’t anyone’s favorite topic, but it’s important to understand when you need to report taxes on your crypto activity to avoid a costly IRS audit.
There are a lot of moving pieces, confusing terminology, and fear of potential repercussions if you report inaccurately. But if you’re overwhelmed by the time-intensive and complex burden of crypto tax reporting, our experts are here to help.
Join our Subject Matter Experts as they demystify and answer your questions on all things crypto.
Key Topics:
How does the IRS classify and tax cryptocurrency?
What crypto transactions are taxable?
How can investors offset capital gains with capital losses?
What are the tax implications of DeFi?
What do creators and investors need to know about NFT taxes?
Watch now!
Available On Demand
About the Speakers
Amy Hatch
Tax SME Manager
Amy Hatch is a Tax Subject Matter Expert Manager at TaxBit. As a Certified Public Accountant with more than 10 years of experience, Amy is passionate about helping companies deal with complex tax reporting obligations. At TaxBit, she focuses on developing enterprise tax software solutions to meet the reporting needs of companies both domestically and abroad.
Prior to joining TaxBit, Amy worked at the Bill & Melinda Gates Foundation where she managed the foundation’s international and domestic tax filing obligations. Before that she worked on the global mobility team at Deloitte, helping companies navigate the tax complexities of maintaining an international workforce.
Reagan Cook
Accounting Subject Matter Expert
Reagan Cook is an Accounting Subject Matter Expert at TaxBit, the leading enterprise provider for digital assets tax and accounting technology. Prior to TaxBit, Reagan spent two years in financial reporting at a Fortune 500 company, and also previously worked at Deloitte in Romania with the Forensic Advisory practice. Reagan is a CPA and has a Master's degree in Finance from Indiana University, and is also a freelance artist with digital art on OpenSea.
Michelle O'Connor
VP of Brand & Communications
Michelle O'Connor is the Vice President of Marketing & Communications at TaxBit. In this role, she leads all marketing and public relations to elevate TaxBit’s brand as an industry leader.
In addition to her role at TaxBit, Michelle is the Expansion Chair at NYC Women in FinTech; she is also on the Board of Directors of Crypto Connect and the Blockchain Steering Committee of the Washington Technology Industry Association (WTIA).
Before joining TaxBit, she was the VP of Marketing and Community at Uphold, a digital money platform. In that role, she developed and implemented the brand’s marketing strategy, brought cohesion and intention to the brand voice, and facilitated Uphold’s online community. She also managed public relations, content marketing and development, and social media strategy.
Steven McGrath
Tax Subject Matter Expert
Steven McGrath is a CPA and Tax Subject Matter Expert Manager at TaxBit. He joined Taxbit in 2021 to focus on government relations and help government entities, such as the IRS, apply tax law to complex crypto and transactional data related to digital assets. Before Taxbit, Steven specialized in securitized debt tax consulting and compliance in the financial markets group at PricewaterhouseCoopers in Washington, D.C. His previous experiences include Forms 1099 and 1042-S reporting, FATCA/CRS compliance, structured debt tax calculations, and consulting. Steven earned both his Bachelor and Master's Degrees in Accounting from Brigham Young University.