The BitcoinTaxes Podcast
Real World Crypto Tax Scenarios
Guest: Andrew Gordon
Welcome to the fourth episode of our multi-part series on crypto taxation.
If you missed, or haven’t yet listened to our first three episodes, we covered the basics of crypto taxation, what is, and what isn’t taxable. Then, we explored like-kind, 1099s, and how to handle margin trading, staking, loans, and NFTs on your taxes. Our third episode reviewed all things crypto tax audits.
In today’s episode we explore real-world crypto tax scenarios and how a seasoned crypto tax professional, Andrew Gordon, suggests handling those situations. Andrew discusses the biggest mistakes he has seen crypto taxpayers make, and lets our listeners know exactly how to prevent those mistakes.
Guest Contact Information
(11:01): The biggest mistakes a taxpayer can make
(15:01): How to minimize the fees you pay a crypto tax pro
(16:10): Can you claim losses on shut down exchanges like FTX?
(22:08): Is FIFO the only allowed calculation method?
Get Alerts – Never Miss An Episode!
This website is provided for informational purposes only. The website does not constitute financial, tax or legal advice, and is not intended to be used by anyone for the purpose of financial advice, legal advice, tax avoidance, promoting, marketing or recommending to any other party any matter addressed herein. For financial or legal advice please consult your own professional.