Crypto Tax Secrets Revealed!

Reagan Cook of TaxBit discusses IRS Crypto rules, FASB Bitcoin balance sheet implications and more. Topics: How the new FASB rules make it easier for companies to hold Bitcoin on their Balance Sheet IRS Crypto Rules and 1099-DA Tax rules for NFT and Tokenization TaxBit working with the IRS 💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX Sponsors: 🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. ⭐️ Learn about BitGo, one of the top crypto custodians - https://www.bitgo.com/ ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/ 🖥️ Sign up with Santiment to get quality crypto metrics - https://santiment.net/?fpr=thinkingcr... Get 25% discount with code THINKINGCRYPTO 📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/ ✉️ Crypto MailBag - https://forms.gle/vdwYC1eSpkCrc2fQ8 🔥 Buy crypto on Coinbase - https://coinbase-consumer.sjv.io/baYbem 🚀 Get the Ledger Nano X to Safely store your Crypto - https://www.ledgerwallet.com/r/acd6 ✅ Become a Channel Member -    / @thinkingcrypto   🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-sprin... 🧙‍♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content" Follow on social media: ➡️ X(Twitter) -   / thinkingcrypto1   ➡️ Facebook -   / thinkingcrypto   ➡️ LinkedIn -   / thinking-crypto   ➡️ Instagram -   / thinkingcrypto   ➡️ TikTok -   / thinkingcryptopod   ➡️ Threads - https://www.threads.net/@thinkingcrypto ➡️ Website - https://www.ThinkingCrypto.com/ 🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast... 🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A... 💼Business Inquiries💼 [email protected] ⏰ Time Stamps ⏰ 00:00 Intro 02:12 Reagan's background 04:41 TaxBit overview 07:24 TaxBit working with the IRS 08:54 IRS 1099-DA 11:14 FASB rules Bitcoin on Balance Sheets 17:20 More companies embracing crypto 19:32 TaxBit's 2024 roadmap 22:07 Crypto going mainstream 25:00 Stablecoins and Tokenization 30:00 NFT tax rules 32:39 Wrap up questions ================================================= 📺 Interviews Playlists 📺 All Interviews -    • Thinking Crypto Podcast All Interviews   Must Watch Interviews -    • Must Watch Interviews!   Bitcoin Interviews -    • Bitcoin (BTC) Interviews   Altcoin Interviews -    • Altcoin Interviews   Crypto Regulators & Politicians Interviews -    • Crypto Regulators & Politicians Interviews   Investment Firms & Hedge Funds -    • Investment Firms & Hedge Funds in Crypto   Internet Pioneers & Entrepreneurs -    • Internet Pioneers & Entrepreneurs Now in C...   Support the Podcast by Donating Bitcoin - 3Lw5xfDkHGBYWxYpsLaYMFKtkMLZgvHDY3 Ethereum - 0x1bBa75496Cd4cCb95D6cFBf50C35068e7E84e521 USDC - 0x91B101D0ce59A8E75d84E696CAD1A3f314798C9F (ETH Network) USDT - 0x9915bcD2D0198A7d8bE29076e5Ae4A0457497Eb5 (ERC-20) ================================================= #Crypto #IRS #Tax #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto ================================================= The Thinking Crypto Podcast is your home for the best Crypto News and Interviews - crypto, cryptocurrency, crypto news, bitcoin, bitcoin news, xrp, xrp news, ripple, ripple news, ripple xrp, ethereum, ethereum news, cardano, ada, solana, altcoins, defi, news, interviews, podcast, metaverse, nft, altcoin daily, cryptosrus, coin bureau, altcoin news, bitcoin today, markets, investing ================================================= Disclaimer - The Thinking Crypto podcast and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. Note that links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!