We resolve crypto tax issues and help you save money.
Whether you're facing an IRS audit or you have questions about your crypto tax obligations, our top-notch cryptocurrency tax lawyers provide clarity and assurance.
- 1,500+ cryptocurrency tax reports prepared
- Led by a tax attorney and CPA
- Specializing in crypto tax law since 2014
Finally—clear answers to your tax and legal queries.
Let's be honest, cryptocurrency taxes can be perplexing.
Simply reporting gains and losses from virtual currency transactions on your tax return is challenging enough. And if the IRS decides to closely scrutinize your records, it can be downright daunting.
Nearly every day, new questions surface about reporting requirements and how current tax regulations apply to this innovative technology. At Bitcoin Tax Lawyer Dallas, our team is deeply passionate about crypto and eager to resolve your legal issues.
Our experienced crypto tax attorneys can assist you with:
Addressing crypto tax debt or disputing an IRS cryptocurrency audit
Completing an effortless, accurate crypto tax return—regardless of how complex your activities were
Reducing your crypto tax liability through precise reporting and strategic tax planning
Revising crypto tax returns and updating past taxes
Providing GAAP-compliant accounting for your Web3 business
Answering any specific crypto tax questions you may have. Nothing is too intricate. (Seriously—test us!)
Supported activities include:
- Staking
- Mining
- NFTs
- DeFi
- Airdrops
- Using crypto for business
- DAO membership
- Margin trading
- Bot trading
Master your crypto taxes in 3 easy steps
- Schedule a confidential consultation with our seasoned cryptocurrency tax law team
- Formulate the most effective tax strategy for your specific situation
- Reduce your tax load and retain your gains!
Meet your crypto tax defense team.
Highly experienced crypto attorneys dedicated to your peace of mind.
Meet Our Team
What to look for in a cryptocurrency tax attorney
Whether you're filing your annual tax return or defending an audit, it's important to select a professional with comprehensive knowledge of tax law and blockchain technology.
Let's TalkHow well do they understand cryptocurrency?
Cryptocurrency transactions extend beyond elementary buys, sells, and swaps. With every technological development, new tax issues emerge to consider.
Your crypto tax professional should remain abreast of the latest trends and assess the tax consequences for new types of activity. For example, does your tax expert comprehend the difference between ERC-721 and ERC-1155 token standards? Do they understand the workings of liquidity pools? Bot trading? Ordinals?
At Bitcoin Tax Lawyer Dallas, our team is fervent about crypto—more than half of our crypto tax professionals personally invest, and a third engage in DeFi.
Which crypto tax software do they use?
A qualified cryptocurrency tax attorney should be capable of working with any software you select: Koinly, CoinLedger, TokenTax, etc. More crucially, they should have a method for addressing transactions that the software cannot accurately manage on its own.
At Bitcoin Tax Lawyer Dallas, our team can collaborate with any crypto tax software. We can also assist you in transitioning to a new tool if needed and resolve any discrepancies with the software’s computations.
Do they provide you with options for tax treatment?
The IRS has offered minimal guidance on virtual currency taxes. Tax professionals must apply existing regulations to your trading activities. Often, there are several ways to address your transactions from a tax perspective.
At Bitcoin Tax Lawyer Dallas, our team will thoroughly explain your options, allowing you to select a more conservative or aggressive tax treatment whenever possible.
Which cost basis methods do they use?
Your cost basis method (aka accounting method) significantly impacts your overall tax bill. Be aware—the IRS generally only accepts two methods, FIFO and Specific ID. Learn more about cost basis methods here.
How many crypto tax audits have they defended?
If you're undergoing an audit, you need a professional with experience in IRS resolution as well as cryptocurrency tax laws. Our attorneys have defended numerous audits, including several related to cryptocurrency.
We've learned that the IRS often miscalculates crypto taxes. Without caution, you may end up paying more than necessary. Ensure you hire a robust defender with specific expertise in fighting crypto tax audits.
How can a crypto attorney assist you?
We've assisted clients in saving millions on crypto taxes and penalties!
Respond to an IRS crypto notice.
If you've received an IRS notice, like the CP2000 or similar, don't panic. You may be puzzled as to why the IRS claims you owe a substantial amount, especially if you incurred losses on your cryptocurrency transactions. Rest assured—Bitcoin Tax Lawyer Dallas has assisted many clients in resolving this issue.
We’ve managed to diminish numerous crypto tax bills by thousands or even hundreds of thousands of dollars. With comprehensive knowledge of both crypto tax law and IRS resolution procedures, we’ll help safeguard your rights and finances.
Afraid to file because you can't afford your tax bill?
It's not unusual to owe a significant tax on funds you no longer have, due to severe price fluctuations in the crypto market. Before resorting to selling your crypto or offering the IRS substantial assets, contact our cryptocurrency tax attorneys.
Need more time to pay? We can help you establish a tax payment plan that suits your needs. In some cases, we can even negotiate with the IRS to lessen your bill.
Avoid crypto tax (without risking penalties).
Our crypto tax attorneys can assist you in devising a tailored, effective strategy to minimize taxes—100% legally. Whether your portfolio is in the thousands or millions, we’ll help pinpoint significant ways to save.
We simplify it with direct advice catered to your situation. For example, we don't just suggest donating crypto to charity for double tax benefits. We pinpoint exactly which tokens in which wallets can save you the most money.