Product & GTM Lead @ Summ (10% off below👇🏻)
Joined August 2025
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Thrilled to see this one come to life. @summ_app now supports stocks in Australia!
Your crypto and your stocks, side by side at last. 🇦🇺
Summ has added stocks and ETFs, so more of your portfolio sits in one view, in AUD.
→ Crypto and stocks on one screen
→ Allocation and performance at a glance
→ Your stocks included on your CGT and MyTax reports, right alongside your crypto
→ Dividends and fees calculated and rolled into your reports
Stocks is now live for Aussie investors. Use it for your crypto, your stocks, or both.
Great catching up with Bill @latenightonbase!
From 1099-DA updates to how AI is impacting the software and service space, we packed a lot in this conversation.
Meet @summ_app a tax software that's focused on the user experience
'Available in over 160 countries, 100k+ users, and a sub-ledger for businesses taking crypto payments. whether you're a blockchain project or a coffee shop accepting bitcoin, it handles the accounting'
I enjoy working in person more than most people, but sometimes working from home can’t be beat.
Sunny day, cold sparkling water, and sitting in some shade in the garden gets me into a flow state like none other.
I’m pinching myself thinking there’s no way this is real.
It is.
Why is TurboTax soliciting me to give an interest-free loan to the government?…
"If anything, the 1099-DA will be more painful next year".
@CryptoTaxSucks - not if Summ can do anything about it. Lots of learnings this year to take into next.
Keen to chat about what you'd like to see @summ_app doing to make the 1099-DA a piece of paper you forget about after importing.
What’s really crazy is those small 1099-DA reporting <$10 were from gas fees
…to withdraw your funds to self custody.
Huge waste of paper.
But in tradfi the 1099-B has no de minimis exemption.
Doubt the gov is giving us “crypto bros” a special exception on 1099-DA
If anything 1099-da will be MORE painful next year.
“And now @summ_app is showing your tax losses and you don’t know how to feel about it?”
“yes, Dave”
"so you staked your ETH on the Ethereum blockchain to earn yield?"
"yes, Dave"
"except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?"
"that's correct, Dave"
"and Lido gave you a liquid staking receipt token called stETH in return?"
"yes, Dave"
"and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?"
"you are correct, Dave"
"and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?"
"you got it, Dave"
"and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry"
"you are 100% correct, dave"
jfc.
This is actually the easiest thing people can do to make crypto tax not a headache. 10-30 min to just review your data for accuracy, add in any new accounts, check for tax loss harvesting opportunities and boom you’re done.
Accountants, I want to chat with you 🫵🏻
But first off, congratulations for making it through another tax season. If you’re in the crypto space, you know just how tough this one was.
That said, I know very well that the work doesn’t stop here.
I’d love to connect with you over a call in the coming weeks to hear about what worked well, what didn’t, and what you’d like to see for next year, especially as the 1099-DAs will begin to include cost basis.
This is an open invitation, even if you don’t use @summ_app in your firm.
Feel free to reach out directly or comment below! Cheers and hope to speak with you soon.
If you’re scrambling to get your taxes done today, why not file an extension?
Genuine question. Why not buy yourself some extra time?
JustinCPA retweeted
If you’ve been putting off your crypto taxes, this is your sign.
MetaMask 🤝 @summ_app
JustinCPA retweeted
April 15th tomorrow folks 🇺🇸
Need help filing an extension? Suss below, @realJustinCPA walks you through it👇🏽
april 15 is tomorrow. not ready? you still have options. 🇺🇸
Justin Zanardi walks through exactly how to file a tax extension in under 5 minutes using the IRS's free tools.
extension moves your filing deadline, not your payment deadline. worth knowing before you rush something.
👇 Reach out - we got you!
youtu.be/Zg1yeq4pMhs
Core Wallet enjoyer? Complete your crypto taxes seamlessly and snag a sweet discount by using the link below!
@coreapp X @summ_app for the win.
summ.com/us?via=avalabs&coup…
MetaMask x Summ Final Countdown to tax season!
Come ask me anything.
xitter.gq/i/spaces/1AGRnaRjLAkGl
Tune in! Today at 10am PST.
Still figuring out your crypto taxes before April 15? Join us live today 🦊
10am PST / 1pm ET on X Spaces with @MetaMask.
Justin Zanardi @realJustinCPA will walk through some of the questions we get asked the most:
→ Whether MetaMask reports your activity to the IRS and who issues 1099-DA forms
→ Which activities are taxable — swaps, staking, airdrops, wallet-to-wallet transfers
→ What to do if you have missing cost basis
→ How to export your transaction history from Etherscan, BaseScan, and PolygonScan
xitter.gq/summ_app/status/204207…