OnChain Accounting

crypto taxes don't have to be confusing. here's what actually matters 👇

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Kraken filed 56 million crypto tax forms in 2025. 75% were for gains under $50. The IRS isn’t waiting for the system to catch up — and neither should you. Every trade, every staking reward, every $3 micro-transaction is a taxable event. Form 1099-DA is live. Your exchange is already reporting. If you’re not sure where you stand, now’s the time to find out. 📎 Book a free call → onchainaccounting.com/book-appointme… 1/2

Good to be here at Bitcoin 2026, Las Vegas. Spending the week deep in conversations around Bitcoin, digital assets, and on-chain accounting. Plenty of good people and good ideas in the room. #Bitcoin #Bitcoin2026 #OnChainAccounting

@NickWickClips $4.5M in taxes on income you didn't actually earn. This is why your 1099 needs to match reality, and why you need someone who actually knows how to fix it.

Nick Lee exposes a massive accounting error to Ice Poseidon after Kick reportedly sent him a $14,000,000 tax form by mistake 🚨 "The IRS says I'm missing about $4.5 million in taxes" "You guys should've just been paid in crypto, it would've been a lot easier..."

@_RichardTeng the ecosystem grows when compliance stops being the thing that holds people back

Crypto is global, but its strength lies in local communities. Every builder, developer, and user contributes to the ecosystem’s growth.

@web3haddock @dgdg_app yep, definitely :) book a free call and we are happy to help

@OnChainAccountg @dgdg_app You guys do all/most of the leg work??

Well $icp fam we are safe. Cause we are all Dow at this point lol. Im down an average cost of about a dollar.

@Ledger keep records of every transaction from day one. most people don't think about it until tax season and by then it's a nightmare to untangle.

gm. one piece of advice you'd give someone new to crypto. go 👇

@conorfkenny Czech National Bank making moves. Central banks exploring Bitcoin reserves is a shift that would've sounded wild a few years ago.

Czech National Bank Governor Ales Michl officially endorses #Bitcoin for central bank reserves. At the Bitcoin 2026 conference in Las Vegas The CNB has already conducted test purchases, Marking a massive shift in how central banks view digital assets. 🇨🇿🌐 #BTC #CryptoNews

@ScamDetective5 fair point, Bitcoin 2026 is massive but it's one of dozens happening around the world every year. We were there this week though, good energy all around.

Many people get confused. There is no “the Bitcoin conference”. The current conference now in Las Vegas is just 1 of dozens of Bitcoin conferences globally each year. It’s true this conference is the largest by speakers & attendees, and one of the oldest, but it’s one of many.

@JoshuaBartetyj lol the oracle speaks in riddles. but real talk, crypto tax write-offs are there, you just gotta know what actually qualifies for your situation

@theunhashed unrealized gains taxation forces a hard choice: sell, relocate, or hold and pay anyway. the U.S. hasn't gone that far, but it's a reminder why clarity on realized gains matters.

The #Netherlands now taxes unrealized crypto gains at 36%. You don’t sell. You don’t cash out. You still pay. Now some Bitcoiners are considering leaving the country entirely. Is this smart policy — or capital flight in the making? 🇳🇱 #NL #Tax #Bitcoin theunhashed.com/netherlands-36…

@Chloe_XRPL tax clarity is a catalyst, but you still need clean historical records. once new rules drop, you'll want your cost basis and realized gains/losses sorted already.

🚨BULLISH FOR #XRPHolders Jason Smith (House Ways & Means Chair) says U.S. crypto tax legislation is at the “1-yard line”with markup coming soon🔥 This is the clarity the market has been waiting for: • De minimis relief • Clear staking rules • Smarter broker reporting $XRP sits right at the center of real-world finance rails. When tax clarity hits, capital doesn’t hesitate💯

@Makehasteslow9 fair critique of the system. but until it changes, you still gotta navigate it, especially if you've got crypto positions. we help people minimize what gets extracted while staying compliant.

Income tax and crypto tax are logically equivalent forms of non consensual extraction. In a system operating without a Profit-and-Loss signal, the state’s only "success" metric is the total volume of capital captured.

losing everything hits different, but here's the thing, your tax situation doesn't disappear with your portfolio. actually understanding what happened (cost basis, realized vs unrealized losses) can help you make smarter moves next. if you've sold at a loss, that's tax-deductible. if you haven't, you need to know where you actually stand before making decisions. we help people figure out exactly what they owe (or don't) after volatile years like this. sometimes the picture is clearer than you think once someone actually looks.

Wdym crypto tax report. I've lost everything

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Your crypto tax report says one thing. The IRS sees another. Here are 5 reasons your numbers don't match, and what's actually at stake if you leave them unresolved. Book a free consultation: onchainaccounting.com/book-appointme… (1/2)

Tax season's over. Now's when most people realize they have no idea what their actual cost basis is across all their wallets. If you're in that boat, setting it straight now saves you months of headaches later. onchainaccounting.com/book-appointme…

That gap usually comes down to cost basis method. A lot of software defaults to FIFO, which can show massive gains even when you're down overall, especially with high-frequency bot trading. Switching to HIFO or spec ID can make a huge difference in what you actually owe. Worth having someone look at that before you file. We do this kind of cleanup at OnChain Accounting.

@naiivememe I used one of those crypto tax things when I was into crypto. I traded with dca and grid bots. They said I had 35,000 trades and I showed $30,000 profit. In reality I lost about $15k.

My IRS agent after going through all my 2,560 trades this year to report a $5.02 capital gain in tax debt

The audit fear is real, but the good news is most crypto audits come from mismatched 1099s, not people actively doing anything wrong. Getting your records clean and consistent is usually enough to stay out of trouble. That's basically what we do at OnChain Accounting if you want someone to take the headache off your plate.

@ZyptoApp Taxes. Doing crypto taxes is a nightmare. I don't want the headache or an audit from the government.

Trusting crypto for day to day expenses x.com/i/spaces/1RKjp…

The 1099-DA rollout was always going to be messy. Brokers are reporting different things, exchanges are interpreting the rules differently, and taxpayers are stuck in the middle. If your 1099-DA doesn't match what you actually owe, you're not alone. We help sort through exactly this.

Staggering 1099-DA data reveals the messy crypto tax system. thestreet.com/crypto/policy/…