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HomeWrapped Bitcoin (wBTC) Taxes: Is Wrapping and Unwrapping a Taxable Event?Harry Shurek

Author: Harry Shurek

DeFi Tax

Wrapped Bitcoin (wBTC) Taxes: Is Wrapping and Unwrapping a Taxable Event?

Wrapping BTC into wBTC to use on Ethereum — is that a taxable disposal? Here's how practitioners currently treat wrapped tokens.

Harry Shurek
Mining & Staking

Solana Staking Taxes: How SOL Rewards Are Taxed and How to Track Them Accurately

SOL staking rewards are ordinary income when received. The challenge is that 'when received' can mean thousands of micro-rewards.

Harry Shurek
DeFi Tax

Impermanent Loss in DeFi: Is It Tax Deductible? The Complete Analysis

Impermanent loss causes real economic harm. Here's whether it's a deductible tax loss and when the loss is realized.

Harry Shurek
Tax Losses & Scams

Crypto Scam Victims and Taxes: The Complete IRS Guide to Deducting Fraud Losses

Lost money in a crypto scam? Here's the complete guide to deducting those losses under IRC 165(c)(2).

Harry Shurek
Tax Strategy

Crypto and Charitable Remainder Trusts: A Strategy for Large Gains Without Immediate Tax

A CRT can let you diversify a large crypto position without immediate capital gains tax. Here's how the strategy works.

Harry Shurek
Tools & Software

Koinly vs. CoinTracker: A Deep Dive Comparison for Complex Portfolios (2024)

We use both platforms with client data daily. Here's our honest 2024 comparison as a Koinly preferred provider.

Harry Shurek
Crypto Business

DAO Taxes: How Decentralized Autonomous Organizations Are Taxed and What Members Owe

DAOs are legally and tax-novel. Here's how they're currently treated for US tax purposes and what members owe.

Harry Shurek
Crypto Tax Basics

Crypto Tax Deadlines, Extensions, and What to Do If You’re Not Ready to File

An extension gives you more time to file — not to pay. Here's how to handle crypto taxes when you're not ready by April 15.

Harry Shurek
Mining & Staking

Mining Pool vs. Solo Mining: How the Tax Treatment Differs

The income recognition timing for pool mining differs from solo mining. Here's how each is taxed and what records you need.

Harry Shurek
Tools & Software

Why TurboTax and H&R Block Get Crypto Wrong — And What to Use Instead

Standard tax software handles basic crypto but fails on DeFi, mining, and complex histories. Here's why — and what to do instead.

Harry Shurek
Crypto Tax Basics

Bitcoin Spot ETF Approval: Tax Implications of the SEC’s January 2024 Decision

The SEC approved Bitcoin spot ETFs in January 2024. Here's how investing through IBIT or FBTC differs from direct Bitcoin for taxes.

Harry Shurek
Tax Losses & Scams

Crypto Stolen in a Hack: Can You Deduct the Loss on Your Taxes?

Crypto stolen in a hack may be deductible as a theft loss. Here's what qualifies and the documentation requirements.

Harry Shurek
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The Crypto Accountant provides crypto tax preparation, accounting, transaction reconciliation, audit support, and full-service tax help for individuals and businesses dealing with complex digital asset activity, messy records, and high-stakes reporting issues.

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The Crypto Accountant
  • Home
  • Services
    • Crypto Tax Preparation
    • Transaction Reconciliation & Cleanup
    • DeFi & NFT Tax
    • Mining & Staking Tax
    • Audit Defense & IRS Notices
    • Crypto Business Services
    • Prior-Year Crypto Tax Cleanup
    • Full-Service Tax Preparation
  • Crypto Scam Help
  • Blog
  • About us
  • Contact
  • Client Portal
Metaverse Office