Cryptocurrency & Digital Asset Tax

No. Transfers between wallets you own are not sales, but they must be tracked so your cost basis carries over.

Yes. A crypto-to-crypto swap is treated as selling one asset and buying another.

We can amend prior returns to bring you into compliance before the IRS contacts you.

No. Buying and holding is not a taxable event. Tax applies when you sell, swap, spend or otherwise dispose of it.

Yes. Under IRS guidance, staking rewards are income when you gain control of them, valued at that time. You then have a cost basis for when you later sell.

Under current law the wash sale rule applies to stock and securities and generally does not apply to digital assets held as property. Congress has proposed changing this, so we check the rules each year.

Yes. Spending crypto is treated as selling it, so you have a gain or loss compared with what you paid for it.

Loss deductions for individuals are limited and depend on the facts. We review what happened and claim any loss the rules allow.

No. We only recommend strategies supported by the tax code and IRS guidance, and we explain the risk and paperwork behind each one.

Yes. Tax decisions often affect investments, estate plans and legal structures, and we coordinate with your other advisors.

Every recommendation comes with an estimated tax impact, so you can see the value before you act.