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FlyFin Offers Crypto Tax Filings Service and Free, Advanced Crypto Tax Calculator
FlyFin, a fintech company, announced it is offering complete Crypto Taxes as part of its A.I.-powered tax service. The company is also launching a free, advanced Crypto Tax Calculator that is simple, accurate and secure. FlyFin’s Crypto Tax Calculator raises the bar on available options by enabling people to capture multiple crypto transactions simultaneously to determine tax amounts owed. People can also file their crypto taxes with a FlyFin CPA available to help immediately.
With the January 15 quarterly tax deadline around the corner, individuals need to plan their tax filings and associated payments. They can use FlyFin’s AI-based tax engine to file their crypto taxes. For those users who want to get a quick sense of how much they might owe, they can use FlyFin’s crypto tax calculator to simplify the overwhelming complexity that cryptocurrency gains may pose. FlyFin’s AI-based tax engine combines the human expertise of real CPAs to eliminate 95% of work required for self-employed individuals filing their taxes. FlyFin is ideal for freelancers, creator economy free agents, gig workers, and self-employed individuals with a higher level of tax complexities.
Mainstream interest in cryptocurrency investment among ordinary investors has exploded. Thirty-one percent of Americans, ages 18 to 29, have invested in, traded, or used a cryptocurrency. Meanwhile, the IRS has sharpened its sights on taxing investors with cryptocurrency income. The U.S. Treasury now requires any transfer worth $10,000 or more to be reported to the IRS. Tax filers who don’t pay crypto taxes on time can be assessed up to 100% penalties, leaving a lot of crypto traders with a rude shock.
Trading Crypto, Self-Employment and Taxes
Trading crypto is similar to trading stocks and other securities, so many of the same tax rules apply. Crypto traders must pay taxes on the profits they earn. Traders can also write off their trade as a capital loss if they lose money. People who are self-employed or have significant earnings from investments and day trading may generate more income than can be covered from payroll withholding. Therefore, they need to estimate their tax liability quarterly and then pay taxes for those amounts. Otherwise, penalties may apply at the time of tax filing.
Companies In This Post
- Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Leadership Read more
- MoonPay Launches New Funding Options for Pump.fun Traders Read more
- Red Rocks Credit Union Partners with My First Nest Egg to Help Member Families and Local Students Build Healthy Money Habits Early Read more
- Emprise Bank Adds Fintech Entrepreneur Randy Fernando to Board of Directors Read more
- Unlimit Appoints Irene Skrynova as CEO, Global Payments Read more
MoonPay Launches New Funding Options for Pump.fun Traders
MoonPay, the leader in global crypto payments and stablecoin infrastructure, announced a partnership with Pump.fun, the viral Solana-based platform that lets anyone create and trade tokens instantly. Through the integration of MoonPay Deposits*, Pump.fun users will gain new ways to fund their accounts, expanding the platform’s funding capabilities beyond a limited set of supported tokens.
Mastercard Launches New Crypto Partner Program
Mastercard are introducing the Crypto Partner Program - a new global initiative that brings together more than 85 crypto‑native companies, payments providers, and financial institutions
Investment Management Industry Encouraged to Start Planning For UK Crypto Assets Regime
The Investment Association (IA) – the trade body for the UK investment management industry – today launched its ‘UK Crypto Assets Regime: How the investment management industry can navigate new waters’ report, produced in collaboration with Travers Smith.
Ledgible and Label Partner to Streamline Digital Asset Tax Information CARF & DAC8 Reporting and Compliance
Ledgible, the enterprise digital asset tax, accounting, and data reporting platform, today announced a strategic partnership with Label to deliver integrated CARF (Crypto Asset Reporting Framework) and DAC8 reporting solutions for digital asset businesses.
Bitget Almost Doubles Bitcoin Holdings, Reaches 36,700 BTC
Bitget, the world's largest Universal Exchange (UEX), has released its February 2026 Transparency Report, highlighting strong capital inflows, expanding Bitcoin reserves, and new AI-driven trading infrastructure as the platform continues to advance its Universal Exchange (UEX) strategy.
Clave Joins Paribu to Accelerate the Adoption of Onchain Finance to Millions
Paribu, Türkiye’s leading digital asset platform, announced that self-custodial personal finance app Clave has joined the company. The move accelerates Paribu's strategy in decentralized finance, stable crypto assets, and tokenization.
Bybit Introduces AED Trading Pairs, Enabling Direct Crypto Trading Using UAE Dirhams
Bybit has announced the launch of AED trading pairs, allowing users to trade supported digital assets directly using AED balances
Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Leadership
Money20/20, the world’s leading fintech show and the place where money does business, today unveiled its annual Future of Fintech in APAC report ahead of Money20/20 Asia happening in Bangkok on April 21-23 at the Queen Sirikit National Convention Center (QSNCC). The whitepaper is revealing that APAC’s fintech ecosystem has reached a pivotal inflection point. The region is shifting from experimentation to scaled deployment across AI, digital payments, and digital assets, marking a decisive move toward production‑grade innovation.
MoonPay Launches New Funding Options for Pump.fun Traders
MoonPay, the leader in global crypto payments and stablecoin infrastructure, announced a partnership with Pump.fun, the viral Solana-based platform that lets anyone create and trade tokens instantly. Through the integration of MoonPay Deposits*, Pump.fun users will gain new ways to fund their accounts, expanding the platform’s funding capabilities beyond a limited set of supported tokens.
Red Rocks Credit Union Partners with My First Nest Egg to Help Member Families and Local Students Build Healthy Money Habits Early
As families navigate rising costs and increasingly complex financial decisions, Red Rocks Credit Union is expanding its commitment to financial wellness through a new partnership with My First Nest Egg, a family-first financial education platform designed to help parents and children build healthy money habits together from an early age.
Emprise Bank Adds Fintech Entrepreneur Randy Fernando to Board of Directors
Emprise Bank announced today that proven fintech founder and serial entrepreneur Randy Fernando has been elected to the Emprise Bank Board of Directors. Fernando brings deep expertise in financial infrastructure, great experience with product development, a track record of building and scaling successful companies, and a growth-oriented mindset that will support innovation across the bank's business.
Unlimit Appoints Irene Skrynova as CEO, Global Payments
Unlimit announced the appointment of Irene Skrynova as CEO, Global Payments, as the company accelerates its evolution into a global financial infrastructure platform powering cross-border commerce.
European Fintech Blackcat Launches Multi-Wallet App Combining Euro and Crypto Accounts, Completing Rebrand
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DeepTarget Debuts RetainIQ™: Leveraging AI-Driven Insights and DXP Automation to Turn New Account Openings into High-Yield, Lifelong Growth
DeepTarget Inc., a leader in intelligent revenue automation for financial institutions, today announced the launch of RetainIQ™, a strategic retention layer designed to help financial institutions convert new account openings into deep, primary relationships while delivering a consistent, high-touch experience at scale.