1: Is it compatible with iPhone 8 (2017 Release) and iPhone 7 (2016 Release)? 

Yes, it compatible with both iPhone 8 and iPhone 7. 

2: Does this work with wireless charging?  

Yes, it supports wireless charging. 

3: Will this case need to be taken off to wireless charge the phone?  

No, it supports wireless charging without taking off your case. 

4: Is it soft on the outer or hard plastic?  

It is a three layer case. The outer layer is soft flexible tpu, the middle is make-up layer and the inner layer is hard pc. 

5: Is there a lip on the front side of the case that would keep the screen from touching if laid down on a surface?  

Yes, this case does have a small raised lip on the front. 

6: Do I need to take off the when I want to charge my iPhone?  

Easy access to speaker & charging port without having to remove the case for its precise cutouts. 

7: Does this case fit snugly on the iPhone or is it pretty loose?   

It fits perfectly and not loose at all.