Crypto Taxes

“How do I report my Binance crypto activity on my tax return?”

CommonDeep Dive · 60 min · $170

Reporting Binance activity on a tax return often depends on the mix of transactions involved, such as purchases, sales, swaps, staking, or transfers between wallets. The exchange records, transaction history, and whether any assets were moved into or out of Binance can affect how gains, losses, and income are summarized. In many cases, the key issues are identifying cost basis, matching dispositions to the right tax year, and distinguishing taxable events from simple transfers. If the account includes multiple coins or frequent trading, the recordkeeping can become more detailed and the reporting approach can vary accordingly. Going through your records with a CPA usually surfaces the answer in under an hour.

In your 60-minute session, the KGOB advisor handling it will:

Read your exact situation and tell you, in plain English, what’s actually going on.
Lay out your options and the trade-offs — no jargon, no judgment.
Give you a clear next step you can act on, whether that’s with us or on your own.