Crypto investors had a strong 2025, and now is the time to manage taxes efficiently.
Harvest Gains or Losses
- Tax-gain harvesting. Sell appreciated crypto now if you expect higher income next year. Pay tax at today’s rate, and immediately repurchase to reset your basis.
- Tax-loss harvesting. Sell underperforming assets to offset other capital gains. Excess losses can offset up to $3,000 of ordinary income, with the balance carried forward.
No Wash-Sale Restrictions
Because the IRS treats crypto as property—not securities—you can sell to create deductible losses and rebuy immediately without waiting 30 days.
Donate Appreciated Crypto
Donating directly to a qualified 501(c)(3) charity avoids capital gains and earns a deduction for the fair market value. If the gift exceeds $5,000, obtain a qualified appraisal and include Form 8283 with your return.
Gift Crypto to Family Members
You can give up to $19,000 per person in 2025 without any reporting requirement. The recipient inherits your original cost basis and holding period.
Invest through Self-Directed Accounts
Consider a self-directed IRA or solo 401(k) that allows cryptocurrency investments. You’ll enjoy the same tax-deferred or tax-free growth benefits available with traditional investments.
Sterling Tax and Accounting is here to help your business with tax planning! Our comprehensive approach to tax planning helps reduce your overall tax liability and keep more money in your pocket. If all your accountant does is file your taxes, chances are they are making you pay more than your fair share of taxes.
Learn how to proactively save on taxes by scheduling a call with our tax planning specialists.
Our tax planning, accounting & business services help you stay on track. Sterling Tax & Accounting will work with you to optimize your business and minimize your taxes. We will work to provide you and your business with the tools and resources you need to build a solid tax and business foundation. We’re a trusted CPA Firm in Sarasota, Florida. We serve clients all over the US, and proactively work to minimize their taxes.
Welcome to the Sterling Standard of business! Want to learn more? Schedule a meeting with our tax planning team here: https://www.sterling.cpa/contact-us/