Andrew Gordon
@accounting • 11,312 subscribers
Crypto Tax Attorney & CPA | Helping 1,000+ clients crush crypto taxes & beat IRS audits | Chicago | Not legal advice | Book a call 👇
Videos
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 Gordon40,202 görüntüleme • 9 ay önce
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 Gordon17,862 görüntüleme • 3 ay önce
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