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I'm Zac McClure, co-founder of TokenTax, here to answer your 2019 crypto tax questions! Ask Me Anything!

I'm Zac McClure, co-founder of TokenTax, here to answer your 2019 crypto tax questions! Ask Me Anything!

All Cryptocurrencies

by COINS NEWS 20 Views

Hey Reddit,

I’m Zac McClure, co-founder of TokenTax. After a 2-year stint in Investment Banking, I joined Teach For America where I taught math infused with personal finance and entrepreneurship – two passions that make up the foundation of TokenTax. Previously, I also worked for social enterprises around the world, as well as Imprint Capital, Bain, and Elsevier. I earned an MBA from Wharton, and also got a BS in Accounting and another BS in International finance from USC.

We love helping people understand crypto taxation as it's very confusing with a lot of conflicting information. For instance, many people do not know that you can use crypto net losses to offset ordinary income (up to $3k per year) or how taxation works when you use a DeFi project like Uniswap. Our space won’t get favorable regulation if we don’t get the taxes right and help drive the thought leadership around common sense regulation and rules for what is essentially a new asset class in our minds! We work hard to teach clients about advanced tax topics such as tax-lot tracking and tax-loss harvesting.

TokenTax is a tax and accounting platform for crypto-investors worldwide.

Feel free to ask any questions you may have about crypto-taxes in 2019. I will start writing responses in about 1-2 hours. I’m here to serve as a resource for the community!

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Edit: That's all for today folks, sorry but I have to go. If you have more questions feel free to visit TokenTax.co and reach out via the Intercom chat or find us on telegram.

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