US Residents and Crypto Taxes. Live Interview with Andrew Gordon discussing the current tax regulations for 2018
If you are a US resident and involved in Crypto is this a must watch. (Skip to Min 7:00 when the interview starts) It is a wealth of free information we documented for current tax situations in crypto. This is a live interview from CCT with Andrew Gordon from Gordon Law Group. He is very educated when it comes to US tax regulations and Cryptocurrency. Hopefully this will help you better understand what you have to do to stay compliant with the IRS . He was nice enough to take the time to educate the community for free.
If you have further questions or would like to have him prepare your taxes he can be reached at:
www.CryptoTaxHQ.com
[email protected]
847-580-1279
oh yeah it was totally fun notttt stupid government seriously never makes things easy and then penalizes you for it lol
Yea I agree its a touchy subject but he offered to educate us for free so I wanted to at least provide the community the knowledge. There is actually some good updates he informed us of with the Coinbase situation and the 1099K's they are giving out.
Ty for posting this. I'm trying to build a case to pay as little as possible in taxes. After seeing what a waste of money it is anymore I think it's every red-blooded American's duty!
Resteemed :-) Best greetings from team @welovesteemit ;-)
Great info here. I hate to see how hard the space is going to be cracked down with taxes. All these complications in reporting are unfortunately going to have an adverse impact on the ability to use crypto as a currency, which is too bad.
If every time you bought something with fiat you had to claim it on your taxes it would tank the economy. Hopefully the space can overcome the regulation. Gotta take the bad with the good I guess.
Yea. Listen to the part about how they record the 1099K from Coinbase. Nobody is sure so how do we prepare?
Hola, muy ilustrativo tu post te dejo mi voto y te sigo.
Gracias amigo. Feliz dia
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