4 articles
Learn how the HIFO crypto tax method works. Our guide covers specific identification, IRS compliance, and how HIFO can legally minimize your capital gains tax.
Starting Jan 1, 2025, IRS Rev. Proc. 2024-28 requires per-wallet cost basis tracking. Learn how this rule ends universal pooling and impacts your crypto taxes.
Compare FIFO, LIFO, and HIFO cost basis methods for crypto taxes. See concrete examples, IRS rules, and when each method minimizes your capital gains.
Learn how Specific Identification (Specific ID) lets you pick exactly which crypto lots to sell, minimizing taxes. IRS rules, documentation, and FIFO comparison.