Tax season is right here, and if you happen to’ve had any transactions associated to crypto, there’s a lot you must know. Within the above video, tax attorneys Mark J. Kohler and Mat Sorensen break down some very important data you must shield your belongings and keep away from penalties. Kohler and Sorenson focus on:
- Capital features 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, lawyer, co-host of the podcast “Refresh Your Wealth”, and a senior companion at each the legislation agency KKOS Legal professionals and the accounting agency Okay&E CPAs. Kohler can also be the creator of The Tax and Authorized Playbook, 2nd Version and The Enterprise Proprietor’s Information to Monetary Freedom.
Mat Sorensen is an lawyer, CEO, creator, and podcast host. He’s the CEO of Directed IRA & Directed Belief Firm, a number one firm within the self-directed IRA and 401k trade and a companion within the enterprise and tax legislation agency of KKOS Legal professionals. He’s the creator of The Self-Directed IRA Handbook.