Crypto CPA @Taxingcrypto | Tax Attorney w/ @basslawfirm | Email: [email protected] | [email protected]

Calabasas, CA
Joined January 2018
Considered taxable events: - Selling crypto for fiat currency (i.e. USD) - Trading BTC for ALTs or ALTs for BTC - Using crypto to buy goods or services - Receiving crypto due to a fork or as a result of mining
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The tokenization of time for professionals is an obvious and practical use case. If you have any tax-related inquiries or need assistance, I'll be available on @moolah leading up to the deadline and beyond: time.fun/TaxingCrypto
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Start planning early for your tax liabilities by setting aside some of the @dogwifcoin @pepecoineth @bonk_inu @MogCoinEth etc. profits you shave off on the way up.
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Going live tomorrow. Getting close to the initial tax deadline! @CoinLedger @NewsAsset
Do you have Q's on how the FTX/Celsius/Voyager/Staking Rewards/Airdrop of XYZ coin affects your taxes that you have to fill out in the next 6 weeks? LIVE STREAM tomorrow with a CPA tax firm that specializes in crypto taxes to answer that AND all Q's 👇 youtube.com/live/u53_cbnX1-4
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The never ending tax season continues in CA. A little more time for Californians to reconcile those crypto transactions for the tax return!
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Great thread. The reality is that not much has changed and this was to be expected.
IRS: "STAKING REWARDS ARE INCOME" Today the IRS issued Revenue Ruling 2023-14 confirming its view that consensus-layer staking rewards are taxed at FMV when the staker has dominion and control over them (i.e., the ability to sell them). A brief🧵...
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Expect more IRS letters.
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If you are a founder and are structuring a company that will raise capital and launch NFTs, tokens, or any crypto-native assets, please work closely with a tax lawyer on this. Seen too many founders getting rekt with tax implications that were only discovered after the fact.
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We’re live.
Crypto Taxes Q&A happening this Friday at 12:00 Central on Twitter spaces 🚀 The U.S. tax deadline is next Tuesday. Get your last-minute crypto tax questions answered. Speakers: @TaxingCrypto & @David_Kemmerer
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Last minute tax guidance!!!
Crypto Taxes Q&A happening this Friday at 12:00 Central on Twitter spaces 🚀 The U.S. tax deadline is next Tuesday. Get your last-minute crypto tax questions answered. Speakers: @TaxingCrypto & @David_Kemmerer
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An underreported item in #crypto news: FASB, the board that dictates accounting rules, has proposed that fungible crypto assets be marked to market on a company's books, not held at cost basis. BIG CHANGE. Also, crypto payments are booked as cash if converted immediately.
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🇺🇸 US Senator Elizabeth Warren says "with #Bitcoin, there's no thing that backs it up…It's just belief."
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📞 📱 ☎️
🚨The #CryptoTaxHotline is coming this Friday! Join the convo & get answers to your crypto tax questions. We'll team up with @gordonlawltd @taxingcrypto @m00ntax to respond. Tweet your Qs, mention #CryptoTaxHotline and tag @CoinTracker. Set a reminder👇 xitter.cf/i/spaces/1BRJjZLDwDwJw
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NFT taxes can be 🤯
🛸 Spaceship for your Doodle? ☢️🧪 Serum for your 🦍? @TaxingCrypto explains on our #CryptoTaxHacks Space why you may want to consult a tax pro before making substantial NFT transactions. 🤔💼 #CryptoTax Check out our NFT guide for more 🔽 cointracker.io/learn/us/nft-…
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Understand your transactions and the tax implications before you execute them. #NFT #Tax
Replying to @TaxingCrypto
@TaxingCrypto talks about P2E pitfalls during our #CryptoTaxHacks Space. Taxes related to Play to Earn can become complicated! You may require a tax pro to help you navigate the nuances.
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1/ Today Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action.
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Mining #BTC? Listen up 🎧 for some #crypto #tax guidance
[1/2] Are you mining crypto? In our last #CryptoTaxHacks episode @TaxingCrypto🎙️said it'd be prudent to determine if this is a mere hobby or an actual business. There could be important tax implications! Learn more about #CryptoTax with our free guides 👇🏻 cointracker.io/learn/us/?utm…
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🚨 Tick-Tock! ⏳ 1 hour left until our #CryptoTaxHacks Twitter Space on "NFTs & Taxes"! Optimize your NFT taxes before #TaxDay! 🎙️Hosted by @derekwride with @Clazz73 🗣️Guests: @RAREBANDY @TaxingCrypto Be sure to arrive early 🙌❗️ Set Reminder!🔔🔽 xitter.cf/i/spaces/1lDGLnkVgBkxm…
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🚨 Join us tomorrow for our #CryptoTaxHacks Twitter Space on "NFTs & Taxes" ⚡🧑‍🎨 Don't forget to set a reminder & bring your questions. Tune in at 9am PST! Hosted by @DerekWride with @Clazz73 & guests🎙: Bandy @rarebandy + Jordan Bass @TaxingCrypto ➡️ xitter.cf/i/spaces/1lDGLnkVgBkxm
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JUST IN: 🇺🇸 White House says #crypto assets do not offer "any fundamental value, nor do they act as an effective alternative to fiat money."
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