It’s official. Crypto Tax Calculator is now Summ. Same trusted product. New name. https://t.co/eUNauKkK2V

🇨🇦 Big news from Canada: The CRA just announced they've found widespread evidence of unreported crypto gains. Sorry to be the bearer of bad news, but they're not messing around – audits and penalties are ramping up significantly. If you haven't been reporting crypto gains,

@AtownBrown @CoinTracker I really like @summ_app (formerly CryptoTaxCalculator), they're less than $600 and I have felt confident in their reporting and tracking capabilities. Nice and simple UI too.

🥰 appreciate it @ItsTymo

Here's a December gift for our US friends 🎁 Unlike stocks, crypto isn't subject to the wash sale rule. You can sell at a loss before Dec 31 to offset gains, then buy back immediately. Consult a tax pro before leveraging this strategy.

Tax loss harvesting is used by Wall Street to minimise tax. It’s legal in many countries, and there’s no reason retail investors can’t do it to. Especially in the US, where wash sale rules don’t apply to crypto, giving you even more flexibility in your strategy. Crypto

What's Form 1099-DA, and how will it impact you? Big changes are coming to the way you report your crypto trades to the IRS, starting in 2026 for your 2025 return. We've teamed up with Gordon Tax for a practical webinar: Form 1099-DA: What your exchange won't tell you. Join us

Why crypto gambling creates a "double tax" problem 🇺🇸 Most people think: "I bet $100, won $200, profit is $100." IRS thinks: "You disposed of crypto (capital event) AND gambled (separate income event)." You're taxed on BOTH. Let me explain: Say you bought BTC at $20K, now

Tax tip to make going into Monday smoother: Without proper crypto tracking, you risk: • Underreporting income • Incorrect cost basis • Missing crypto-to-crypto swaps (yes, those are taxable) This is why tools like @summ_app , CoinTracker, etc. exist. Use them. #CryptoTax

You guys ever see all the AI content on Tik Tok and wonder how they do it? Well in this week's episode we cover voice cloning, text to speech, AI image/video creation to help you bring your business to life. We also hear from guest speaker James Knape, a CPA in the crypto space &

👀 The IRS has made crypto a top enforcement priority. With new reporting requirements and increased surveillance, the IRS’s toolbox grows stronger every year. Find out exactly how they track your crypto

Reducing your crypto tax bill doesn't have to be complicated. There are legitimate strategies anyone can use: holding longer, harvesting losses, using IRAs wisely. We've put together 5 practical ways here: https://t.co/e9DQ2vuCwd

Starting next year, US investors will be obligated to pay tax on their staking income. Not just because it’s (already) the law, but because exchanges will issue a 1099-MISC reporting your staking income to the IRS. This is part of the wider 1099 reporting regime between

Starting in 2026, you'll receive Form 1099-DA from exchanges reporting your crypto sales to the IRS. We know this feels like a big change. The key is understanding what's reported and preparing your records now. FAQ guide

🧵 Here's crypto's secret tax advantage over stocks: NO WASH SALE RULE (currently). What's a wash sale? When you sell at a loss and buy back within 30 days, the IRS disallows the loss. For stocks: You must wait 30 days. For crypto: Buy back immediately. This means you can: 1.

3 moves to make before 2026 that could save you thousands 💰 ✅ Hold winners 12+ months (lower your tax rate) ✅ Offset gains with losses (works for stocks too) ✅ Harvest losses before Dec 31st (deadline's approaching) The clock's ticking. Don't wait until New Year's Day.

🇨🇦 The Canadian government just announced they've found evidence that many taxpayers aren't reporting crypto gains. If you're behind on reporting, now's the time to get compliant before the CRA comes knocking.

🇬🇧 UK crypto traders: Starting January 2026, exchanges will report your trading activity directly to HMRC. With a Summ subscription can download a tax report for all prior years - in case you need to tidy things up before the HMRC come knocking.

📷 The most common crypto tax mistake? Poor record-keeping. Crypto investors are at heightened risk of audit in many parts of the world due to changing regulations. To pass an audit, you need to maintain your records according to specific standards. Summ makes this easy by

@uaefoxer yup. stay on your P’s and Q’s. @summ_app does Canada the best

@SpiL____ Bro just use @summ_app and stay out of prison smh