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BitMEX, BitMart, and AscendEX Are Shutting Down: Download Your Transaction Records Now

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

Three crypto exchanges announced closures in July 2026. AscendEX halted operations on July 1 with almost no warning. BitMEX began winding down on July 23rd and will cease operations completely by September...


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Paschall v. Commissioner: Tax Court Rules Crypto Staking Rewards Are Taxable upon Receipt

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

A Cardano holder reported his staking rewards as taxable only when he sold them. The IRS said they were taxable the day they hit his account. He took the dispute to the U.S. Tax Court, represente...


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The CP2000 Avalanche: Why Crypto Investors Should Expect IRS Notices This Fall

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

A 1099-DA form arrives from a crypto exchange. It lists transactions and reports them to the IRS. The data the government wants is all there. The one number a taxpayer needs to file correctly is buried some...


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That Email Claiming to Be the IRS? It's a Scam.

By Clinton Donnelly, LLM, EA | CEO & Founder, CryptoTaxAudit

 

An email arrives. IRS letterhead. American flag. The eagle seal. It says you have an outstanding tax balance and need to download your tax statement immediately. There's a blue link. It looks real.

 


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