IRS Crypto Crackdown: What You Need to Know as a Crypto Investor!

8 views  - 2024-05-09
Clinton Donnelly is the CEO of CryptoTaxAudit. Learn more https://www.irsguarddog.com?afmc=thinkingcrypto
Topics:
- The IRS' new Form 1099-DA will require broker-dealers to report not just transaction details but also the digital asset addresses involved.
- Roger Ver aka Bitcoin Jesus tax evasion arrest
- Senator Elizabeth Warren proposes an "anti-millionaire tax," potentially transforming the IRS into a financial panopticon, watching over all American wealth.
- President Biden's proposed 2025 budget, which includes tax increases
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⏰ Time Stamps ⏰
00:00 Intro
01:50 CryptoTaxAudit overview
04:42 Crypto taxes and the IRS
11:10 IRS crypto forensics
26:45 Elizabeth Warren Millionaire tax
34:31 Biden 2025 Budget proposal
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