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Home2023 Crypto Tax Year in Review: Every IRS Development That Matters for Your ReturnHarry Shurek

Author: Harry Shurek

IRS & Compliance

2023 Crypto Tax Year in Review: Every IRS Development That Matters for Your Return

2023 brought new IRS staking guidance, FTX fallout, and impending 1099-DA reporting. Here's what matters for your return.

Harry Shurek
Crypto Tax Basics

Crypto Hard Fork Taxes: How New Coins from Forks Are Taxed and What You Must Report

Hard forks that create new coins are taxable income — whether you wanted them or not. Here's the correct treatment.

Harry Shurek
Mining & Staking

Home Office Deductions for Crypto Miners: What’s Deductible and What Isn’t

Crypto miners who operate from home may qualify for home office deductions. Here's how the IRS rules apply.

Harry Shurek
Mining & Staking

Electricity Deductions for Crypto Miners: How to Document Your Largest Expense

Electricity is typically the largest cost for crypto miners — and the most valuable deduction. Here's how to calculate and document it.

Harry Shurek
Tax Losses & Scams

Pig Butchering and Romance Scam Crypto Losses: A Tax Guide for Victims

Pig butchering scam losses may be fully deductible as investment theft losses. Here's the framework and documentation needed.

Harry Shurek
Estate & Inheritance

Inheriting Crypto: Tax Rules for Heirs and What a Step-Up in Basis Means

Inherited crypto receives a stepped-up cost basis — eliminating capital gains taxes on appreciation. Here's how to plan around it.

Harry Shurek
Crypto Tax Basics

Crypto Airdrops and Taxes: When You Receive Free Tokens and What the IRS Expects

Airdrops are not free money. The IRS treats them as ordinary income when received. Here's how to report them correctly.

Harry Shurek
Crypto Business

Should Your Crypto Business Be an LLC, S-Corp, or C-Corp? A Tax Analysis

Entity selection for a crypto business affects everything: income taxation, deductions, and how you pay yourself.

Harry Shurek
Trading Tax

Crypto Options and Futures: The Full Tax Picture for Derivative Traders

Derivative traders have unique tax considerations around mark-to-market, 1256 contracts, and complex settlement. Here's the full picture.

Harry Shurek
IRS & Compliance

US Citizens Living Abroad with Crypto: The Tax Rules That Still Follow You Everywhere

US citizens owe tax on crypto gains regardless of where they live. Here's how FEIE, FBAR, and FATCA interact with crypto.

Harry Shurek
Crypto Tax Basics

Bitcoin ETF Taxes: How Investing Through an ETF Differs from Holding Bitcoin Directly

Bitcoin ETFs trade differently than Bitcoin itself — and so do the taxes. Here's what to know before investing through a fund.

Harry Shurek
Trading Tax

Crypto Futures Taxes: Do Bitcoin Futures Qualify for Section 1256 Treatment?

CME Bitcoin futures may qualify for Section 1256's 60/40 long/short-term split. Here's the analysis.

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