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Bankler Partners - News & Views Summer 2026

26 August 2026
26
August 2026

Bankler Partners Shares Latest US Tax Insights


IAPA member Bankler Partners has published three updates examining developments in cryptocurrency taxation, tax-loss harvesting and bonus depreciation. Together, the articles highlight the importance of aligning tax decisions with wider business, investment and financial objectives.

Industry and Policy Update:

Cryptocurrency reporting requirements continue to evolve:

In Crypto Tax Changes Are Coming, But What Does That Mean? Bankler Partners examines how US tax reporting is adapting as cryptocurrency becomes increasingly mainstream.

The Internal Revenue Service generally treats virtual currency as property for federal income tax purposes. This means that selling cryptocurrency may create a capital gain or loss, while cryptocurrency received as wages, payment for services, or business income can carry additional tax and reporting implications.

The article also highlights the introduction of Form 1099-DA for reporting proceeds from certain digital asset transactions. From 2026, custodial crypto brokers must also include cost-basis information, helping taxpayers calculate gains and losses more clearly. With international reporting and cross-border information-sharing expanding, businesses are encouraged to review how cryptocurrency transactions are recorded across their tax, bookkeeping, and payroll systems.

100% bonus depreciation returns to the spotlight:
100% Bonus Depreciation: Hits and Misses considers the opportunities and risks associated with the return of 100% bonus depreciation for qualifying assets placed in service after 19 January 2025.

The provision allows eligible businesses to expense the full cost of qualifying equipment in the year it enters service. This can accelerate tax savings, support cash flow, and make investment in equipment, vehicles, and technology more attractive, particularly for capital-intensive and closely held businesses.

However, Bankler Partners cautions against treating the provision as an automatic incentive to spend. Businesses should consider income forecasts, financing, liquidity, depreciation recapture, and potential exit plans before proceeding. The central message is that tax strategy should support the wider business strategy rather than determine it.

Research, Data & Thought Leadership:

Using investment losses as part of a broader tax strategy:

In What Is Tax Loss Harvesting?, Bankler Partners explains how investors may use losses on selected investments to offset capital gains and, in some circumstances, taxable income. Excess losses may also be carried forward to offset gains in future years.

The article stresses that tax-loss harvesting should not be considered in isolation. Investors must take account of the wash-sale rule, the long-term prospects of an investment and the distinction between short and long-term gains or losses. Coordination between tax and investment advisers is therefore essential to ensure that any decision supports the investor’s broader asset-management objectives.

These updates demonstrate Bankler Partners’ practical approach to emerging and established areas of US taxation, helping businesses and individuals understand both the opportunities and the potential longer-term consequences of their decisions.

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