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The Clinton Donnelly Show

The Clinton Donnelly Show

By Clinton Donnelly

Welcome to The Clinton Donnelly Show, where Clinton shares real world strategies, time tested tactics, and expert discussions with influencers about cryptos, taxes, audits, and the regulatory framework that’s evolving around cryptos.
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Mastering the Dynamic Cryptocurrency Market with CoinTracking: Expert Insights on Crypto Taxes

The Clinton Donnelly ShowJun 06, 2023

00:00
18:15
Mastering the Dynamic Cryptocurrency Market with CoinTracking: Expert Insights on Crypto Taxes

Mastering the Dynamic Cryptocurrency Market with CoinTracking: Expert Insights on Crypto Taxes

Clinton Donnelly discusses with Dr. Christiane Williams, from CoinTracking, about their crypto gain calculation service, including NFT valuation, coin pricing, and blockchain migrations. They touch on regulatory challenges, Bitcoin Ordinals, and AI tools. They also cover CoinTracking's crypto transaction and tax reporting tool, mentioning AI support, European expansion, and privacy under German law. This interview is valuable for crypto enthusiasts interested in gain tracking and calculation.


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 a Audit Defense member today and take control of your financial future! Visit CryptoTaxAudit.com today.


Join our community on YouTube @TheClintonDonnellyShow and on Twitter @CryptoTaxFixer


Guest: Dr. Christiane Willliams is the Support Supervisor & Head of Business Operations at CoinTracking.info


She has a PhD in Comparative Literature from Northwestern University and is currently leading a team of agents to answer support tickets, coordinate bug fixing with the developers and strategize company growth.


CoinTracking is a leader in cryptocurrency gain calculation services for traders and investors and now celebrates 10 years in business. With over 1 million active users, they have the tools you need to report your trades.


Follow CoinTracking for more information and daily insights:

YouTube 👉@CoinTracking

Website👉CoinTracking.info

Twitter 👉@Coin_Tracking


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!

Jun 06, 202318:15
Crypto Gain Calculation: Dr. Williams Gives Us an Exclusive Look at CoinTracking's Evolution!📊

Crypto Gain Calculation: Dr. Williams Gives Us an Exclusive Look at CoinTracking's Evolution!📊

Clinton dives into the future of crypto gains calculation with Dr. Christiane Williams from CoinTracking. Join them as they unravel the dynamics of the top-tier crypto gain calculation service. Understand how CoinTracking has adapted to emerging trends such as DeFi and NFTs, and gain insights into dealing with smart contracts and diverse income classifications. A must-watch for serious crypto investors seeking smart investment management and accurate tax reporting.


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 a Audit Defense member today and take control of your financial future! Visit CryptoTaxAudit.com today.


Join our community on YouTube @TheClintonDonnellyShow and on Twitter @CryptoTaxFixer


Guest: Dr. Christiane Willliams is the Support Supervisor & Head of Business Operations at CoinTracking.info


She has a PhD in Comparative Literature from Northwestern University and is currently leading a team of agents to answer support tickets, coordinate bug fixing with the developers and strategize company growth.


CoinTracking is a leader in cryptocurrency gain calculation services for traders and investors and now celebrates 10 years in business. With over 1 million active users, they have the tools you need to report your trades.


Follow CoinTracking for more information and daily insights:

YouTube 👉@CoinTracking

Website👉CoinTracking.info

Twitter 👉@Coin_Tracking


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.

May 30, 202318:28
Navigating the Crypto Tax Storm US Regulations and the Future of the Industry

Navigating the Crypto Tax Storm US Regulations and the Future of the Industry

Clinton discusses taxes in the cryptocurrency industry with David Canedo from Glassnode to shed light on the complex issue of taxes within the crypto world. The pair delved into a range of topics, including the recent SEC crackdown on Kraken and Coinbase, Elizabeth Warren's stance against digital currencies, and the potential involvement of the IRS in Operation Choke Point. The conversation also touched on how changes in the tax code, such as those pertaining to foreign investment corporations, can impact the ever-evolving world of cryptocurrency.


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 a Audit Defense member today and take control of your financial future! Visit CryptoTaxAudit.com today.


Join our community on YouTube @TheClintonDonnellyShow and on Twitter @CryptoTaxFixer


Guest: David Canedo, Head of Tax and Compliance Strategy at Accointing by Glassnode.


For daily insights into Crypto portfolio tracking, market intelligence, tax and compliance solutions for smart investors.


Follow Accointing by Glassnode on Twitter @accointing or visit Accointing.com for more information

May 23, 202320:34
Crypto and Taxes Q&A: What You Need to Know to Stay Ahead of the Game

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.


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 a Audit Defense member today and take control of your financial future! Visit CryptoTaxAudit.com today.


Join our community on YouTube @TheClintonDonnellyShow and on Twitter @CryptoTaxFixer


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!

May 16, 202313:59
CBDC & ChatGPT: Changing Tax, Transactions, AI, & Crypto!

CBDC & ChatGPT: Changing Tax, Transactions, AI, & Crypto!

Clinton and David Canedo discuss the rising popularity of AI in industries like cryptocurrency. They explore the potential of ChatGPT-4, a language for AI, to revolutionize programming and make crypto trading more efficient. They also touch upon the impact of CBDCs on the financial industry and the tax challenges faced by crypto traders. The episode emphasizes the importance of understanding and leveraging AI in today's tech-driven world.


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.


Join our community on YouTube @TheClintonDonnellyShow and on Twitter @CryptoTaxFixer


Guest: David Canedo, Head of Tax and Compliance Strategy at Accointing by Glassnode.

For daily insights into Crypto portfolio tracking, market intelligence, tax and compliance solutions for smart investors.


Follow Accointing by Glassnode on Twitter @accointing or visit Accointing.com for more information


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!

May 09, 202315:54
Protect crypto investments from hacks and scams! Claim tax deductions for losses! 📈

Protect crypto investments from hacks and scams! Claim tax deductions for losses! 📈

Clinton delves into the world of investment losses and how they can impact your crypto taxes. He covers three main types of losses, including Capital Loss, Worthless Securities, and Theft Loss, explaining the unique limits and benefits of each. Using cryptocurrency investment as a specific example, Clinton provides insights into the tax implications of each type of loss. Additionally, he discusses the Bernie Madoff procedure, which simplifies the process for investors to claim a Theft Loss. If you're a crypto investor looking to gain a better understanding of investment losses and their tax implications, this video is a must-listen.


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 a Audit Defense member today and take control of your financial future! Visit CryptoTaxAudit.com today.


Join our community on YouTube @TheClintonDonnellyShow and on Twitter @CryptoTaxFixer


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!

May 02, 202311:17
Expert Insights on Government Regulations and Taxes for NFTs

Expert Insights on Government Regulations and Taxes for NFTs

Clinton interviews David Canedo, Head of Tax and Compliance Strategy at Accointing by Glassnode, discussing the challenge of classifying the tax nature of crypto transactions, particularly with NFTs. They explore methods such as analyzing total users, TVL, smart contracts, and patterns to find scalable solutions in the rapidly evolving crypto landscape. The interview highlights the complexity of classifying taxable sales, income, or non-taxable exchanges in the expanding world of Dapps and blockchains.


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 a Audit Defense member today and take control of your financial future! Visit CryptoTaxAudit.com today.


Join our community on YouTube @TheClintonDonnellyShow and on Twitter @CryptoTaxFixer


Guest: David Canedo, Head of Tax and Compliance Strategy at Accointing by Glassnode.

For daily insights into Crypto portfolio tracking, market intelligence, tax and compliance solutions for smart investors.

Follow Accointing by Glassnode on Twitter @accointing or visit Accointing.com for more information


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!

Apr 25, 202329:18
IRS Targets Crypto! The High Stakes Game of Hide and Seek That Could Cost You Everything 📈

IRS Targets Crypto! The High Stakes Game of Hide and Seek That Could Cost You Everything 📈

Clinton explores two main approaches that the IRS uses to enforce digital asset compliance: audits and criminal enforcement. In the first approach, the IRS determines who to audit, in part, based on whether taxpayers report as much income on their tax returns as the IRS knows about, since crypto exchanges and brokerages in the U.S. report all transactions to the IRS each year. The second approach is criminal enforcement, where the IRS goes after taxpayers who didn’t report their crypto income at all or who omitted crypto income on their tax returns. Proving criminal intent isn’t very hard to do.


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


▬▬▬▬▬ SPONSOR ▬▬▬▬▬


🐋 Sponsor: CryptoTaxAudit


CryptoTaxAudit, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.


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!

Apr 18, 202309:57
Operation Choke Point 2.0: Is the IRS About to Join the Fight Against Crypto?

Operation Choke Point 2.0: Is the IRS About to Join the Fight Against Crypto?

Clinton raises the possibility that recent regulatory actions against the crypto industry could be part of a larger plan to regulate or even kill off crypto investing in America. He discusses the IRS treating cryptocurrencies as securities under tax law, which would be consistent with the SEC's current enforcement of securities law on cryptocurrencies. Clinton also presents several potential impacts including the loss of tax deductions, higher taxes, and the discouragement of crypto investors.


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.


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!

Apr 11, 202311:10
Are Cryptos Securities or Not?

Are Cryptos Securities or Not?

Clinton discusses the two private letter memorandums issued by the IRS’ chief counsel office in January 2023 regarding the treatment of cryptocurrencies for taxation purposes. He explores the definition of the term "security," which is a term of art and has a specific meaning in the tax code, and he notes that the definition of "security" is not applicable to cryptocurrencies. However, he also points out that terms such as "share of stock in a corporation" are also terms of art and defined in a different section of the tax law. Therefore, it is important to consider the specific context in which a term is used in the tax code to determine its meaning.


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.


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!

Apr 04, 202315:37
Time to Increase the Capital Loss Limitation

Time to Increase the Capital Loss Limitation

Clinton explores the topic of whether the current tax break limit for capital losses should be changed. He proposes that Congress increase the capital loss limitation in code section 1211 to $15,000 starting this year (versus the current $3,000 limit), retroactively and inflation adjusted thereafter. He explains how capital gains and losses are taxed, and the annual limit on the amount of capital loss that can be deducted. The distinction between short-term and long-term investments and the reasons behind the limit on losses are also discussed.


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.


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!

Mar 28, 202309:28
How to Reduce Your Taxes by Reporting Crypto Thefts

How to Reduce Your Taxes by Reporting Crypto Thefts

Clinton discusses how cryptocurrency theft losses (thefts, rug pulls, and scams) can be claimed to reduce tax bills. By claiming theft losses, investors can itemize deductions and save money on their taxes, even if they lost money due to closures of exchanges. However, claiming theft losses can be difficult as investors must prove the asset was taken with criminal intent, which can be challenging to prove. In the case of the FTX exchange collapse, its CEO Sam Bankman-Fried was indeed criminally charged, opening the door to claiming this provision, sometimes known as the Madoff provision.


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.

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!

Mar 21, 202310:30
 Tax Amnesty Needed

Tax Amnesty Needed

Clinton discusses the issue of tax non-compliance among US crypto investors. Despite the IRS Commissioner's announcement that the IRS could bring in another $1 trillion if given additional funding, there are many crypto investors who haven't paid taxes on their crypto income, leading to a $46 billion increase in funding for digital asset enforcement. This problem is most prevalent among taxpayers aged 18 to 44. The cause of this epidemic of non-compliance is mainly ignorance and confusion. Non-compliance can lead to severe fines or criminal prosecution, so it's essential to address the issue now as the IRS is collecting data on taxpayers from 2016 onward. Clinton proposes a tax amnesty to heal this rift and increase tax compliance.


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.

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!

Mar 14, 202316:04
Which Crypto Tax Calculation Service is Most Accurate?

Which Crypto Tax Calculation Service is Most Accurate?

Clinton compares the accuracy of various crypto tax calculation services, including Accointing, Bitcoin.tax, CoinTracking, CoinTracker, CoinLedger, CoinPanda, CryptoTaxCalculator, Node40, Ledgible, TaxBit, TokenTax, and ZenLedger. His team benchmarked these services using centralized and decentralized exchange data and discovered significant differences in their calculations. He also presents his team's results which offer insights into the differences between the services and the methodologies they use to interpret transaction data. Clinton cautions that none of these services promise accuracy or defend their clients in IRS audits.


💎 Guest: Meta Mona

For daily insights into the future of media in web3, follow Meta Mona:

👉 https://twitter.com/MetaverseXpress


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.

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!

Mar 01, 202326:11
Crypto Tax AMA

Crypto Tax AMA

This live-streamed AMA video aired on March 14, 2023. Hosted by Meta Mona, Clinton Donnelly answers the top questions this tax season, including how to account for crypto theft losses (such as FTX, Celsius, and BlockFi), how to handle NFT and Play2Earn tax calculations, and US expatriation options to reduce or eliminate your crypto taxes. #TaxesAreSexy


💎 Guest: Meta Mona

For daily insights into the future of media in web3, follow Meta Mona:

👉 https://twitter.com/MetaverseXpress


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.

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!

Mar 01, 202354:11
IRS Enforcement Methods on Crypto Investors

IRS Enforcement Methods on Crypto Investors

Clinton discusses the IRS enforcement methods used for crypto investors, who are seen as wealthier taxpayers. The IRS received $46 billion in funding from Congress to enforce tax compliance laws for digital asset owners, with a potential to harvest an additional $1 trillion in revenue. The 22 million non-compliant taxpayers are divided into three categories: puny investors, hiders, and deniers. Arm yourself with the information you need to know as a crypto trader or investor before the IRS comes knocking.


✍🏽 Join The Crypto Tax Amnesty Initiative

👉 https://www.cryptotaxamnesty.org


🔥 Do your crypto taxes right with CryptoTaxAudit

👉 https://www.cryptotaxaudit.com


📣 Host: Clinton Donnelly

Twitter 👉 https://twitter.com/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, the crypto tax and IRS audit experts, sponsored this episode.


Founded in 2015, CryptoTaxAudit is a full-service tax preparation, crypto calculation, and audit defense company. Clinton Donnelly founded the company and currently serves as its president. Clinton has assembled an experienced team of crypto tax experts, including CPAs, enrolled agents, forensic accountants, and gain calculation analysts. The company’s crypto experts deliver personalized services to help clients get into compliance, develop their tax strategies, and receive professional representation before the IRS.


CryptoTaxAudit protects its clients with Audit Defense, its flagship membership service. Audit Defense membership counters the growing cost of defense against the IRS by providing a cost-effective option for crypto traders and investors.

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!

Feb 28, 202315:08