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HomeCrypto Ponzi Scheme Losses: Using the IRS Safe Harbor to Deduct Investment FraudHarry Shurek

Author: Harry Shurek

Tax Losses & Scams

Crypto Ponzi Scheme Losses: Using the IRS Safe Harbor to Deduct Investment Fraud

The IRS created a safe harbor for Ponzi scheme losses after Madoff. Here's how it applies to crypto fraud victims.

Harry Shurek
Tax Losses & Scams

Rug Pull Tax Deduction: Can You Deduct Losses from a Crypto Rug Pull?

Lost money in a rug pull? The IRS theft loss rules may allow a deduction. Here's what qualifies and how to document it.

Harry Shurek
Tax Strategy

Crypto in a Self-Directed IRA: Tax Benefits, Rules, and Risks

Holding crypto in a self-directed IRA can shelter gains from tax entirely. Here's how it works and the caveats.

Harry Shurek
Reconciliation

How We Clean Up Multi-Year Crypto Tax Messes: The Reconciliation Process Explained

Multi-year crypto cleanup is complex. Here's the process for reconciling 3-5 years of unorganized transaction history.

Harry Shurek
IRS & Compliance

Got Hit with Crypto Tax Penalties? How to Request Abatement and What Works

IRS penalties on crypto can be substantial. Here's how to request abatement and the arguments that actually work.

Harry Shurek
Trading Tax

Crypto Options Taxes: How Bitcoin and Ethereum Options Are Treated by the IRS

Crypto options create complex situations involving premiums, exercises, and expirations. Here's how each scenario is taxed.

Harry Shurek
Prior-Year Cleanup

How to File an Amended Crypto Tax Return: Fixing Prior-Year Errors Step by Step

Filed your crypto taxes incorrectly? Here's how to fix them with an amended return before the IRS finds them.

Harry Shurek
Tax Strategy

Donating Cryptocurrency to Charity: How to Maximize Your Deduction and Avoid Mistakes

Donating appreciated crypto to charity lets you deduct full market value AND avoid capital gains. Here's the complete guide.

Harry Shurek
Mining & Staking

IRS Revenue Ruling 2023-14: What It Means for Crypto Staking Income

Rev. Rul. 2023-14 is the most significant IRS crypto guidance since 2019. Here's what it says and what it means.

Harry Shurek
Crypto Tax Basics

Crypto Tax Reporting for 2022: What Changed and What You Need to Know

2022 was a year of major changes in crypto tax law. Here's what's different on your 2022 return.

Harry Shurek
Crypto Tax Basics

The 9 Most Expensive Crypto Tax Mistakes — and How to Avoid Every One

These nine crypto tax mistakes can cost thousands. Here's how to avoid each one.

Harry Shurek
Exchange Collapses

My Funds Are Frozen on a Failed Exchange: Tax and Legal Steps to Take Right Now

If your funds are frozen on a failed exchange, there are specific legal and tax steps to take immediately.

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