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Crypto and Taxes Q&A! What You Need to Know to Stay Ahead of the Game

Clinton is joined by Liam, the client manager at CryptoTaxAudit, to delve into the latest crypto tax regulations and provide answers to your burning questions. From the recent executive order by the Biden administration to the impending deadline for recommendations on tax laws and SEC laws, there's a lot of ground to cover. Clinton also shares his valuable insights on potential major regulations, such as the treatment of CBDCs and the taxable events associated with adding and removing liquidity on Uniswap. Whether you're a crypto investor seeking expert tax advice or simply concerned about IRS audits, this discussion is not to be missed. ✍🏽 Join The Crypto Tax Amnesty Initiative 👉 https://www.cryptotaxamnesty.org 🔥 Do your crypto taxes right with CryptoTaxAudit 👉 https://www.cryptotaxaudit.com ▬▬▬▬▬ TIMESTAMPS ▬▬▬▬▬ 00:00 Intro 02:34 Taxable Events on Uniswap 05:15 Recording Losses from Bankrupt Exchange 07:17 Tax Accounting Software for Crypto 07:30 The IRS auditors look for bigger numbers in a spreadsheet, not transaction fees. 08:00 Gain calculation software which one is the most accurate. 10:22 Keep track of your own transactions 11:39 Sponsor ▬▬▬▬▬ FOLLOW ▬▬▬▬▬ 🗞️ Sign up and follow for real-world strategies, time-tested tactics, and expert discussions with influencers about cryptos, taxes, audits, and the evolving crypto regulatory framework. The Clinton Donnelly Show 👉 http://TheClintonDonnellyShow.com 🎙 Podcasts Spotify 👉 https://open.spotify.com/show/22DBssz... iHeart 👉 https://www.iheart.com/podcast/269-th... Amazon 👉 https://music.amazon.com/podcasts/2ef... Google Podcasts 👉 https://podcasts.google.com/feed/aHR0... Stitcher 👉 https://www.stitcher.com/show/the-cli... Apple Podcasts 👉 https://podcasts.apple.com/us/podcast... Pandora 👉 https://www.pandora.com/podcast/the-c... 🎥 Videos YouTube 👉    / Канал   Rumble 👉 https://rumble.com/c/c-2132000 📣 Host: Clinton Donnelly Twitter 👉   / cryptotaxfixer   Clinton Donnelly, LLM, EA, is the president and founder of CryptoTaxAudit. Clinton holds an advanced law degree in international financial planning and taxation. He is an enrolled agent authorized to represent taxpayers before the IRS. Clinton also holds a Certified Cryptoasset Anti-Financial Crime Specialist certification. ▬▬▬▬▬ SPONSOR ▬▬▬▬▬ 🐋 Sponsor: CryptoTaxAudit CryptoTaxAudit is the ultimate solution for ensuring your crypto taxes are precise and fully compliant with the latest regulations. With expert guidance and support, you can avoid costly penalties and enjoy complete peace of mind. Don't take any chances with your hard-earned assets. Become an Audit Defense member today and take control of your financial future! Visit CryptoTaxAudit.com today. Visit 👉 https://CryptoTaxAudit.com ▬▬▬▬▬ NOTICE ▬▬▬▬▬ ⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company. 📜 Disclaimer All opinions expressed by the show’s host and guests are their own. Do not construe them as tax, legal, or financial advice. In addition, they may not represent the policies or opinions of our sponsor, CryptoTaxAudit. Research legal, tax, and financial guidance and advice as needed. Thank you for your support. Please check out our other videos. Like, share, and subscribe! #CryptoTaxAuditAMA #CryptoTaxation #CryptoRegulations #CryptocurrencyInvestment #UniswapLiquidity #CryptoTaxationLaws