Investment & Wealth Management

Covers legal issues involved in investing, managing, and protecting personal and institutional wealth, including financial advisory and fiduciary duties, investment products and securities compliance, and risk management. Includes guidance on regulatory requirements, contracts and disclosures, tax and estate planning considerations, and resolving disputes with brokers, advisers, and investment firms.

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Why a Crypto ‘Airdrop’ May Actually Be Taxable Income — Explained Simply

Why a Crypto ‘Airdrop’ May Actually Be Taxable Income — Explained Simply

In the U.S., many crypto airdrops can be taxable as ordinary income when you gain “dominion and control” over the tokens, typically valued at their fair market value on the date you can access or sell them. The IRS generally treats newly received tokens like compensation or other income even if you didn’t pay cash […]
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