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HomeGetting Audited for Crypto? Here’s What the IRS Looks at and How to PrepareHarry Shurek

Author: Harry Shurek

IRS & Compliance

Getting Audited for Crypto? Here’s What the IRS Looks at and How to Prepare

Crypto audits are increasing. Here's what the IRS looks for, what documents you need, and how to respond.

Harry Shurek
Crypto Tax Basics

Was Crypto-to-Crypto Trading Ever Tax-Free? The 1031 Exchange Question Resolved

Before 2018, some argued crypto-to-crypto trades qualified as tax-free 1031 exchanges. The TCJA ended that debate. Here's the history.

Harry Shurek
Mining & Staking

Crypto Staking Taxes: What the IRS Says, What Courts Challenged, and What to Report

The IRS says staking rewards are income when received. A court case challenged that. Here's the current state of the law.

Harry Shurek
DeFi Tax

DeFi Taxes: Every Liquidity Pool, Yield Farm, and Protocol Interaction Explained

DeFi creates more taxable events per dollar than almost anything else in crypto. Here's how every major interaction is taxed.

Harry Shurek
Tax Strategy

Crypto Tax Loss Harvesting: The Complete Guide to Reducing Your Bill Legally

Tax loss harvesting is one of the most powerful tools for crypto investors. Here's everything you need to know to use it correctly.

Harry Shurek
Tax Strategy

Year-End Crypto Tax Planning: 9 Moves to Make Before December 31

Most crypto tax moves only work before December 31. Here's the complete checklist to maximize your position before year-end.

Harry Shurek
Tax Strategy

The Wash Sale Rule Does Not Apply to Crypto — And That’s a Big Deal

Unlike stocks, you can sell crypto at a loss and immediately rebuy. This tax advantage may not last — here's how to use it.

Harry Shurek
Tax Strategy

Gifting Crypto and Donating to Charity: Tax Rules That Can Save You Significantly

Donating appreciated crypto to charity eliminates capital gains AND gives you a deduction. Here's how to do it correctly.

Harry Shurek
Tax Strategy

How Holding Bitcoin for One Year Can Cut Your Tax Rate in Half

The difference between short-term and long-term crypto gains can be the difference between 37% and 20%. Here's how it works.

Harry Shurek
NFT Tax

NFT Taxes: What You Owe When You Buy, Sell, or Create Non-Fungible Tokens

NFTs exploded in 2021. Whether investor, collector, or creator, here's what the IRS expects from your NFT activity.

Harry Shurek
IRS & Compliance

The IRS Virtual Currency Question on Form 1040: What It Means and How to Answer It

The IRS crypto question sits at the very top of Form 1040. Here's every scenario that requires a Yes answer.

Harry Shurek
Mining & Staking

Crypto Mining Taxes: Hobby vs. Business — A Decision Worth Thousands

Whether mining is a hobby or business changes your entire tax picture. Here's how the IRS makes that call.

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