Today it’s raining and the traffic is jammed to the point of madness, coffee cools off after a while… I casually flipped through my wallet records and suddenly thought of the year-end tax reporting, I really don’t want to rely on memory puzzles anymore.

My current method is pretty crude: monthly exchange transaction logs, on-chain transfers, screenshots of borrowing/derivatives opening and closing positions are all uploaded to cloud storage, along with a note of “what this transaction is for,” otherwise I’ll be left with a bunch of hashes that make me want to cry later.
Especially for small, frequent cross-chain and airdrop transactions, which are the easiest to miss.
Lately, NFT royalties have been a hot topic, and I’ve been thinking: how to classify royalties as income, how to record secondary sales…
Anyway, I’ll keep all the records first, and figure out how to report them later, so I don’t go crazy at the end of the year.