Everything You Need To Know About Crypto Taxes – Shehan Chandrasekera
The government is finally starting to pay attention to the crypto industry. If you own Bitcoin or any other crypto, you really need to understand the tax implications.
Unfortunately, most CPAs have no idea how this asset class is treated because it is still so new. Thankfully I was able to interview one of the leading experts in the world on crypto taxes! Shehan is the Head of Tax Strategy at CoinTracker and a highly decorated CPA.
We cover A LOT in this episode:
Can the government find out what crypto holdings you have?What to do if you’ve never reported anything to the IRS about your crypto holdings before?How to harvest tax losses via the wash sale rule before it likely expires at the end of this yearWhat crypto is taxable vs what crypto is notHow to make up to $80k in crypto profits per year tax freeand much much more!I signed up for CoinTracker immediately after this interview and suggest you do the same if you have any crypto -> https://www.cointracker.io/i/htJVVEJwQ2r3
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Bound to be Rich
Learn proven ways to start and grow a business, improve your productivity and build your rich life, whatever that means to you. Hear from successful entrepreneurs and top performers from a wide variety of industries.
- No. of episodes: 26
- Latest episode: 2021-12-29
- Business Entrepreneurship Investing
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