Maintain onto your crypto wallets, of us! π On this explosive episode, we’re diving deep into the IRS’s newly proposed cryptocurrency laws which might be shaking the very basis of the crypto. Be part of us with trade consultants Clinton Donnelly, David Canedo and Ben Webber as they unpack the potential impacts and transformations the crypto trade would possibly witness. Do not miss out on this high-stakes dialogue that might redefine the crypto panorama
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π£ Host: Clinton Donnelly
πTwitter: https://twitter.com/CryptoTaxFixer
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π Friends:
David Canedo, Product Supervisor. David is a licensed CPA specializing in crypto taxation. He has invested numerous hours in understanding blockchain expertise and is an advocate for truthful crypto regulation.
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Ben Weber, Crypto Analytics Supervisor. Ben is a Licensed Administration Accountant. His workforce makes use of trendy applied sciences to calculate, estimate, and consider crypto positive factors, guaranteeing accuracy and defensibility in an IRS audit.
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βπ½ Be part of The Crypto Tax Amnesty Initiative
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β¬β¬β¬β¬β¬ π TIMESTAMPS π β¬β¬β¬β¬β¬
00:00 – Intro
02:28 – David’s insights on the brand new laws
03:57 – Dialogue on the definition of a digital asset dealer
05:39 – Challenges with the brand new dealer definitions
07:34 – Understanding 1099-DAs and their potential limitations
10:19 – 75% of crypto house owners not reporting earnings
10:52 – Inaccurate 1099s and IRS reporting
11:28 – Influence of recent laws on DeFi
12:00 – Challenges of implementing reporting in DeFi
13:00 – Worry of DeFi changing into centralized
15:00 – Loopholes to keep up decentralization
16:15 – Making a Non-U.S. Company for DeFi
16:44 – The Position of Governance Tokens
17:13 – Establishing a Treasury for Blockchain
17:32 – A Second Firm’s Involvement
18:00 – Guaranteeing True Decentralization
18:25 – Upcoming Episodes on Proposed Laws
19:00 – Get Prepared for Tax-Savvy Insights!
19::24 – Finish / Sponsor
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Associated Search Phrases: Crypto Tax Laws 2023 – IRS Cryptocurrency Tips – DeFi Tax Implications – Clinton Donnelly Crypto Professional – David Canedo Crypto CPA – Blockchain Governance and Taxation – Crypto Audit Protection – Cryptocurrency Revenue Reporting – Navigating New IRS Crypto Laws – Decentralization and Crypto Tax – CryptoTaxAudit Insights – DeFi Methods and Laws – New Cryptocurrency Tax Legal guidelines – Understanding 1099-DA in Crypto – Crypto Tax Compliance 2023 – Clinton Donnelly Present Crypto – DeFi Centralization Fears – Crypto Tax Amnesty Initiative – Digital Asset Dealer Laws – Non-US Company for DeFi Advantages – Blockchain Expertise and IRS – Professional Insights on Crypto Laws
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