ACCOUNTANT EXPLAINS: A Full Crypto Tax Guide

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[CarlosPerez-]

Every time I listen to one of your shows, I hate the federal government and the IRS more and more

[CelesteMonroe-einc]

What is the best strategy to enter crypto trading now for someone with more or less than $25k

[HeadlockedGaming]

Lots of excellent information in this video. Thank you.

[moorejared]

you know what's crappy about exchanging one coin for another. yes it's taxable. but in your example, you can't trade a house for a house directly, you have to sell it for usd and buy another one. in crypto land, you can directly trade one crypto for another. that shouldn't be taxable the same way as selling.

[cindymarks]

It should ONLY be when you take your money out, just like at the casino. You don’t pay taxes just because you’re up at the table. It’s only when you leave the casino. We need better regulations.

[mikemene]

If we all don't pay the IRS all at once, we win.

[Nelsonl]

He strikes me as someones whos working for the IRS. lol

[nunovurbiznis]

That’s why I left the US and have citizenship to Dubai and Switzerland. The US and UK and Canada are taxing their citizens on everything.

[nicoyaresearch]

Why no mention of taking out loans instead of selling crypto? Either fiat loans or crypto-backed loans and then just make minimum payments. You get liquidity without having to sell and take the tax hit. This allows your crypto to run higher and when/if you eventually need to sell to pay off loan, you can do so with much higher profits or roll over the loans.

[caroleedsnewyork]

What a fabulous video! Ty for the great information. ❤

[beckyhuey]

5 stars! 4real! I learned a lot! Keep the investment education coming…loving it! Thanks a million 😮 Uncle Sam wants his!😅

[JB-hejt]

If the IRS is so on top of this they should be able to tell me how much I owe them!

[WealthOfOpportunity]

I love that you stress the truth and provide real examples. You rock Mark!

[lwrightsr]

Excellent information ! Thank You. 😎😎😎

[danielhancock]

I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us,
I now earn every week. You’re such a blessing to this generation, we all love you

[lamarlo]

What's interesting about Crypto is that it's a volatile, highly un- regulated market, yet you have to pay taxes on any sell or trading?

[VeronicaKnapp-krwt]

Very informative! Can you please link the specific podcast that addresses the Celsius Bankruptcy?

[dubw]

A lot of this comes down to the ballot box. These politicians that want to bar us from crypto need to be voted out of office. Very simple. These people don’t want normal people to be able to invest in cryptocurrency so screw them let’s vote them out.

[LoriArredondo]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Whitney Eston’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a decent 732k. Kudos to the journey ahead!

[tylervaren]

I appreciate you bro, thank you for the info.