BROADCASTS.com

Lawrence Zlatkin, VP of Tax at Coinbase, and Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, give a full accounting of everything U.S. crypto traders should be aware of as we inch closer to April 18. The two tax experts discuss the latest on how the IRS is approaching crypto taxation, going deep on everything from staking rewards to NFT royalties. Just a heads up: This interview is meant for informational purposes only and should not be construed as financial or tax advice.\n\n\nShow highlights:\n\nwhat\u2019s new this year when it comes to reporting crypto transactions\n\nwhy staking is now firmly on the IRS\u2019s radar\n\nhow capital gains tax works for crypto\n\nthe types of crypto transactions that are taxable as income\n\nthe five situations where a crypto user incurs a taxable event\n\nthe types of crypto activity that are not taxable\n\nwhat crypto holders can do to make tax time easier\n\nthe IRS forms you need for various types of crypto transactions\n\ntypical mistakes that crypto users make when it comes to filing their taxes\n\nwhy there\u2019s not much you can do if you have assets stuck in Voyager, Celsius or other bankrupt crypto firms\n\nwhy you might consider arguing a \u201ctheft loss deduction\u201d\n\nwhat to know about the Ethereum Merge as it relates to taxes\n\nthings NFT creators should be aware of during tax time\n\nhow the U.S. tax system can or cannot be applied to DeFi\n\nwhat tax forms you can expect to receive if you\u2019re a Coinbase customer\n\nhow corporations holding crypto may soon see favorable changes to current accounting rules\n\nwhy $5,000 is a key threshold for crypto donations\n\n\n\nThank you to our sponsors!\nCrypto.com\nFTSE\nHalborn\nNYU\n\nLinks\n\nPrevious coverage of crypto taxes on Unchained:\n\nYour 2021 Crypto Taxes: How to Handle NFTs, DAOs, Airdrops and More\n\nEverything You Need to Know About Your 2020 Crypto Taxes\xa0\n\nWhy You Shouldn't Trust Crypto Exchange Reports for Your Taxes\n\nThe IRS Is Cracking Down on Crypto Taxes: What You Need to Know\xa0\n\n\nGuests:\nShehan:\n\nTwitter\n\nCoinTracker\n\nLawrence:\nTwitter\n\nLinks:\n\nDigital Assets | Internal Revenue Service\n\n\nIRS CCA 202302012 (Crypto charitable donations)\n\n\nIRS CCA 202302011 (Coins which have substantially lost in value. Ex: Luna)\n\nMiCA \u2013 Overview of the New EU Crypto-Asset Regulatory Framework (Part 1) | HUB | K&L Gates\n\n\nCNBC: President Joe Biden to sign the bipartisan infrastructure bill\u2060 into law\u2014here's how crypto investors will be impacted\n\n\n\nS&P Global: What the US infrastructure bill means for cryptocurrency brokers and owners\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices