The dream of never paying taxes on crypto gains is a thing of the past. Taxpayers need to take the IRS seriously and educate themselves about their tax reporting obligations.
On March 23, 2018 the IRS released yet another statement reminding taxpayers that gains from cryptocurrency is reportable as income.
In March of 2018 reports surfaced that the NSA has been extensively working on tracking Bitcoin users dating back as early as 2013.
It's no secret, taxes are complicated. If we add in the nuanced and uncertain landscape of the crypto-tax rules, they become even more complicated.
Let us help. To bring you into tax compliance with the IRS, HARP LAW offers two basic services:
(1) Initial General Consultations
(2) Tax Assistance for Reporting Cryptocurrency Income, Gains & Losses
(1) Initial General Consultation
This is a no strings attached initial general consultation with Attorney Hadi Harp to answer your general questions and provide you with a roadmap to come into tax reporting compliance.
Get answers to questions such as:
Which crypto transactions are taxable events?
Do crypto-to-crypto trades qualify for like-kind exchanges under IRC 1031?
Where and how do I report my cryptocurrency gains and losses?
I received payment for services or goods in cryptocurrency, it that taxable? Does that get the same treatment as gains from trades?
Someone paid me in Bitcoin or Ethereum, is that taxable?
Are hardforks and airdrops taxable?
What are capital gains? Are they short term or long term?
Can I claim any cryptocurrency losses? Is anything deductible?
I'm starting a cryptocurrency adjacent business, should I form an LLC to do that?
Consultation Flat Fee: $199
Important: By scheduling a Crypto-Tax General Consultation you acknowledge, understand and agree that only a signed engagement letter between you and attorney Hadi Harp will establish an attorney-client relationship.