Bitcoin · Ethereum · DeFi · NFTs · Mining · Staking
Attorney Darrin T. Mish has resolved over $100 million in IRS tax debt across 32 years of exclusive tax controversy practice. He understands cryptocurrency — and he knows how to make your IRS problem go away.
Written by a tax attorney with 32 years of IRS resolution experience.
The IRS treats unreported cryptocurrency as tax evasion. Here's exactly what happens when they catch up — and they will catch up.
Read more →IRS EnforcementBlockchain analytics, exchange summonses, and AI-powered detection. The IRS has invested heavily in finding unreported crypto income.
Read more →ResolutionVoluntary disclosure, streamlined filing, and quiet disclosure — the paths available to crypto holders who need to get right with the IRS.
Read more →SettlementThe IRS will accept less than you owe on crypto tax debt through the Offer in Compromise program. Here's how the settlement math actually works.
Read more →FilingYears of unfiled crypto returns create a compounding problem. Here's the process for getting caught up and what the IRS expects.
Read more →PenaltiesCrypto tax penalties can exceed the original tax liability. Three IRS programs can reduce or eliminate them entirely.
Read more →DeFiSmart contracts, liquidity pools, yield farming, and gas fees create tax reporting nightmares. Here's what the IRS expects and how to fix it.
Read more →CollectionThe IRS can garnish your wages and seize your bank accounts for unpaid crypto taxes. Here's how to stop collection action fast.
Read more →RepresentationCPAs prepare returns. Tax attorneys fight the IRS. When you owe money on crypto, the distinction matters enormously.
Read more →ValuationFair market value, specific identification, FIFO, HIFO — the valuation method you choose dramatically affects what you owe.
Read more →ResolutionYou sold crypto at a profit, reinvested, watched it crash, and now owe taxes on money you no longer have. This is the most common crypto tax trap.
Read more →IRS EnforcementThe IRS has served legal demands on every major crypto exchange. If you traded on any of them, the IRS may already have your records.
Read more →ComplianceThe IRS treats airdrops as ordinary income at fair market value when received. Most crypto holders never reported them.
Read more →Tax LawThe crypto wash sale loophole is closing. Here's what the new rules mean for tax-loss harvesting strategies and existing positions.
Read more →FilingExchange shutdowns, lost wallet keys, missing CSVs — you can still file and resolve your crypto tax situation even without perfect records.
Read more →FilingFiling late triggers penalties that start at 5% per month and compound from there. Here's how to minimize the damage.
Read more →ComplianceEvery crypto sale, swap, and disposal goes on Form 8949. Here's exactly how to report it — and what happens when you get it wrong.
Read more →EstateCryptocurrency inherited from a deceased person gets a stepped-up basis. Understanding this rule can save you thousands in taxes.
Read more →Tax LawGiving crypto to family or friends has tax consequences for both giver and receiver. Here's what the IRS requires.
Read more →Tax LawFrom Notice 2014-21 through the latest regulations — a complete map of how the IRS has addressed crypto taxation.
Read more →Tax LawSome taxpayers claimed crypto-to-crypto trades were tax-free 1031 exchanges. The IRS disagrees — and they're coming after those returns.
Read more →ResolutionFTX, Celsius, BlockFi, Voyager — when your exchange collapses, the tax implications are complex. Here's how to handle it.
Read more →ComplianceThe IRS is prosecuting fraudulent crypto tax schemes. Make sure your tax strategy is legitimate — here's how to tell the difference.
Read more →TradingDay trading crypto generates hundreds of short-term capital gains events. The IRS expects every one of them reported — here's what you need to know.
Read more →MiningMined crypto is ordinary income when received, plus self-employment tax. Equipment deductions, electricity costs, and business structure all matter.
Read more →StakingThe IRS says staking rewards are taxable income when received. A recent court case may have changed that — here's the current landscape.
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