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Andrew Gordon

@accounting • 11,319 subscribers

Crypto Tax Attorney & CPA | Helping 1,000+ clients crush crypto taxes & beat IRS audits | Chicago | Not legal advice | Book a call 👇

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Illinois just sent a dangerous message to the crypto industry. A new 0.2% tax on crypto transactions applies to trading, transfers, custody services, and more. The concern isn't just the tax itself. It's what happens when innovators, businesses, and investors decide to build elsewhere. #CryptoPolicy #CryptoRegulation #DigitalAssets #CryptoLaw #Illinois
1:35
accounting's profile picture

Illinois just sent a dangerous message to the crypto industry. A new 0.2% tax on crypto transactions applies to trading, transfers, custody services, and more. The concern isn't just the tax itself. It's what happens when innovators, businesses, and investors decide to build elsewhere. #CryptoPolicy #CryptoRegulation #DigitalAssets #CryptoLaw #Illinois

Andrew Gordon

12,782 views • 1 month ago

The IRS makes you report EVERY crypto transaction - whether it’s a $3 coffee or a $1M Lambo. One of my clients had to ship a BOX of paper records to the IRS just to comply. Outrageous. We need a de minimis exception so small transactions don’t clog the system. 📦👇 #CryptoTax #TaxReform #DeMinimis
1:17
accounting's profile picture

The IRS makes you report EVERY crypto transaction - whether it’s a $3 coffee or a $1M Lambo. One of my clients had to ship a BOX of paper records to the IRS just to comply. Outrageous. We need a de minimis exception so small transactions don’t clog the system. 📦👇 #CryptoTax #TaxReform #DeMinimis

Andrew Gordon

40,202 views • 11 months ago

We could generate billions in crypto tax revenue from people who want to pay. They’re not hiding. They’re confused and scared of getting crushed for mistakes. 1099-DA Forms are putting the crypto industry in a terrible position: comply perfectly or risk penalties. There’s a solution: a Crypto Voluntary Disclosure Program. Let people come forward, pay tax + a manageable penalty, and move on. In the past, a voluntary disclosure program allowed people to come forward, report their assets, pay a small penalty and tax, and move on. We need the same type of program for the crypto industry. #CryptoTaxes #Crypto #GordonLaw
1:04
accounting's profile picture

We could generate billions in crypto tax revenue from people who want to pay. They’re not hiding. They’re confused and scared of getting crushed for mistakes. 1099-DA Forms are putting the crypto industry in a terrible position: comply perfectly or risk penalties. There’s a solution: a Crypto Voluntary Disclosure Program. Let people come forward, pay tax + a manageable penalty, and move on. In the past, a voluntary disclosure program allowed people to come forward, report their assets, pay a small penalty and tax, and move on. We need the same type of program for the crypto industry. #CryptoTaxes #Crypto #GordonLaw

Andrew Gordon

18,510 views • 5 months ago

Just stood outside Elizabeth Warren’s office with one message: 🚨 You don’t understand crypto and that’s a problem. We’re not asking for chaos. We’re asking for clarity. Let builders build. Let Americans innovate.
0:55
accounting's profile picture

Just stood outside Elizabeth Warren’s office with one message: 🚨 You don’t understand crypto and that’s a problem. We’re not asking for chaos. We’re asking for clarity. Let builders build. Let Americans innovate.

Andrew Gordon

20,262 views • 1 year ago

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