The BitcoinTaxes Podcast

Latest Episodes:

Is Crypto Staking Always Taxed Upon Receipt? Dec 15, 2023

Show notes

Ephraim Olson, a US tax lawyer who specializes in crypto tax law, joins the show to discuss recent IRS guidance on crypto tax staking. The IRS releases sparse guidance on common crypto activities, like staking – oftentimes, this guidance fails to address nuance, and paints with broad strokes. Ephraim joins the show to present an […]

Avoiding Crypto Scams: Pig Butchering Nov 29, 2023

Show notes

Scams have always been prevalent in the cryptocurrency space, but they are becoming increasingly sophisticated. Alex Johnson, a lawyer with Kugelman Law, joins us to discuss a common sophisticated cryptocurrency scam known as “pig butchering”. Alex explains pig butchering scams in detail, and discusses potential taxable implications of falling victim to a scam. Guest Alex […]

Kraken sending user data to the IRS Nov 14, 2023

Show notes

In November 2023, the cryptocurrency trading platform Kraken has started sending specific crypto user data to the IRS. Alex Kugelman, a crypto tax controversy lawyer, joins the podcast to explain who is being targeted, why, and what to do if you are someone who’s data Kraken is sharing with the IRS. Guest Alex Kugelman Twitter: […]

IRS Issues New Crypto Staking Guidance Aug 09, 2023

Show notes

The IRS released Revenue Ruling 2023-14 which describes cryptocurrency staking as taxable at the fair market value on the date it was received. Matt Metras joins the show to break down what this ruling means for crypto traders and how it may affect their taxes moving forward. Guest Matt Metras Twitter: @EmDeeEm Facebook: @BitcoinTaxesMe Reddit: […]

Navigating Uncharted Waters – The Power of Opinion Letters in Crypto Taxation Jun 13, 2023

Show notes

First time guest Ephraim Olson, a US tax lawyer who specializes in crypto tax law, joins the show to discuss opinion letters. The lack of guidance in the crypto tax space often puts taxpayers in a difficult position. Without official guidance from the IRS, there are a range of crypto activities that would benefit from […]

Real World Crypto Tax Scenarios Mar 31, 2023

Show notes

Welcome to the fourth episode of our multi-part series on crypto taxation. If you missed, or haven’t yet listened to our first three episodes, we covered the basics of crypto taxation, what is, and what isn’t taxable. Then, we explored like-kind, 1099s, and how to handle margin trading, staking, loans, and NFTs on your taxes. Our […]

Why Your Crypto May Be Audited And How To Respond Mar 16, 2023

Show notes

Welcome to the third episode of our multi-part series on crypto taxation. If you missed, or haven’t yet listened to our first two episodes, we covered the basics of crypto taxation, what is, and what isn’t taxable. Then, we explored like-kind, 1099s, and how to handle margin trading, staking, loans, and NFTs on your taxes. Today’s episode covers all […]

How Crypto Income, Margin, and NFTs are Taxed Mar 10, 2023

Show notes

Welcome to our new multi-part series on crypto taxation! Every week we’ll be exploring a different facet of cryptocurrency taxation. In today’s episode, the second part of the series, we go over more advanced aspects of cryptocurrency taxation, everything from staking, margin, airdrops, gifts, donations, defi, etc. – all of the more advanced facets of […]

What are crypto taxes and when are they taxed Mar 03, 2023

Show notes

Welcome to our new multi-part series on crypto taxation! Every week we’ll be exploring a different facet of cryptocurrency taxation. In the first part of this series, we are diving into the very basics of cryptocurrency taxation. We’ll be discussing what’s taxable, what’s not taxable, and where exactly everything gets reported on your tax forms. […]

How The NEW IRS Crypto Tax Memos Affect You Jan 30, 2023

Show notes

New information about how the IRS views crypto taxes is released very sporadically. In the first month of 2023, new IRS memos were released regarding crypto tax losses and crypto tax donations. Matt Metras, an Enrolled Agent at MDM Financial Services and overall crypto tax expert, joins the show to discuss what these memos mean […]

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected