Crypto tax lawyer my area

crypto tax lawyer my area

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Cryptocurrency Tax Attorney - (New) Crypto Tax Question \u0026 Answer Legal Guide by our Specialist Team
We have assisted numerous taxpayers with their cryptocurrency holdings � we can represent you with tax reporting, audits, and litigation if necessary. Have you used cryptocurrency? Then you should understand tax implications. Call Kundra & Associates at to speak with an experienced attorney. Goldburd McCone LLP provides sophisticated tax counsel to individuals and businesses in all facets of cryptocurrency, including representation for IRS audits.
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While the study is imperfect and relies on the description provided by the taxpayer, it is clear that filings are far below the numbers that the level of Bitcoin activity should suggest. The FMV of virtual currency received as payment for services performed as an independent contractor constitutes self-employment income and is subject to the self-employment tax. The tax rates are different too, such as the rate for a short-term capital gain, which will depend on how long an asset is held.