Novig Taxes 2026: 1099s, Historical Records & Reporting
Quick Answer The short answer: Novig taxes in 2026 have to be analyzed by operating period because Novig has operated materially different products under the same brand. Novig began 2024 […]
Interactive Brokers Prediction Market Taxes & Accounting
Quick answer The short answer: Interactive Brokers currently gives eligible U.S. clients access to event contracts from ForecastEx, Kalshi and CME Group through one brokerage account. That does not make […]
Coinbase Prediction Market Taxes & Accounting: How Funding, Contracts & Reporting Work
Quick answer The short answer: Coinbase prediction-market activity can create taxable gain or loss, and the tax treatment depends on the transaction that actually occurred. What matters first: Coinbase currently […]
Prediction Market Month-End Close: Accounting for Professional Trading Firms
Quick answer A prediction market month-end close is the recurring accounting process used to bring the period’s trading activity into the books, reconcile material balances and position records, address period-end […]
Prediction Market Market Maker Accounting: Reconciliation, Subledgers, Close and Financial Reporting
Quick answer Prediction-market market makers can generate substantial trading volume with very little administrative headcount. A small firm may run automated strategies, process millions of fills, maintain positions across many […]
Building a Prediction Market Tax & Accounting Practice Before the Rules Were Written
Quick answer (read this first) The short answer: Camuso CPA was among the earliest publicly documented U.S. CPA firms we identified to build a dedicated prediction-market tax and accounting practice. […]
Camuso CPA Releases the State of U.S. Prediction-Market Tax and Accounting 2026
Quick answer Camuso CPA has released the inaugural State of U.S. Prediction-Market Tax and Accounting 2026. The report addresses a practical issue facing a growing class of professional participants: federal […]
Cross-Venue Prediction Market Accounting: Kalshi, Polymarket, and Multi-Venue Trading
Quick answer (read this first) The short answer: A professional prediction-market firm generally cannot establish its accounting or tax reporting by adding together the profit and loss reported by Kalshi, […]
Kalshi Market Maker Taxes: Federal Tax and Accounting Issues for Professional Trading Firms
Quick answer (read this first) Professional market making on Kalshi can present a substantially more complicated federal tax and accounting profile than occasional prediction-market trading. Two-sided quoting, automated execution, short […]
What to Ask Before Hiring a CPA for a Prediction-Market Trading Firm
Quick answer (read this first) A CPA advising a professional prediction-market trading firm may need to do considerably more than transfer annual platform totals onto a tax return. Depending on […]
