Tax season is right here, and in case you’ve had any transactions associated to crypto, there’s a lot it’s worthwhile to know. Within the above video, tax attorneys Mark J. Kohler and Mat Sorensen break down some important info it’s worthwhile to shield your belongings and keep away from penalties. Kohler and Sorenson focus on:
- Capital positive factors methods
- The IRS stance on cryptocurrency taxation
- Buying and selling Crypto tax methods
- Staking and Defi tax methods
- Crypto mining tax methods
- Buying and selling crypto tax-free with an IRA or 401k
Extra in regards to the audio system:
Mark J. Kohler is a CPA, legal professional, co-host of the podcast “Refresh Your Wealth”, and a senior accomplice at each the legislation agency KKOS Attorneys and the accounting agency Ok&E CPAs. Kohler can be the writer of The Tax and Authorized Playbook, 2nd Version and The Enterprise Proprietor’s Information to Monetary Freedom.
Mat Sorensen is an legal professional, CEO, writer, and podcast host. He’s the CEO of Directed IRA & Directed Belief Firm, a number one firm within the self-directed IRA and 401k business and a accomplice within the enterprise and tax legislation agency of KKOS Attorneys. He’s the writer of The Self-Directed IRA Handbook.