Your Accountant Is NOT Ready For 1099-DA Crypto Tax Form

2 days ago
15

The 2025 tax season is bringing the biggest change to crypto tax reporting in years.

Centralized exchanges will now send the IRS a Form 1099-DA, detailing every single one of your crypto sales, exchanges, and even transfers.

For active traders, this could be a document that is dozens of pages long.

Is your current accountant prepared to handle this?

In this episode of the Clinton Donnelly Show, we break down exactly what the 1099-DA means for you as a US crypto investor.

He'll cover why standard tax software fails with complex DeFi transactions and how misclassifying trades can lead you to overpay the IRS by thousands. Don't get caught unprepared.

Stop overpaying on your crypto taxes. Get a consultation from the experts at CryptoTaxAudit 👉 https://www.cryptotaxaudit.com/crypto-tax-consultation

🔗 Official IRS Reference 👉 https://www.irs.gov/forms-pubs/about-form-1099-da

🕒 Timestamps :
00:00 — Why your CPA will quit in 2025
01:05 — 1099-DA reporting begins
02:10 — Broker-dealer FIFO-by-wallet rule explained
03:35 — Why accountants can’t keep up
04:45 — IRS audit surge expected in 2026
05:10 — DeFi and cross-chain bridging nightmare
06:40 — Why software can’t fix this
07:30 — CryptoTaxAudit’s solution and real-world results
08:20 — Authority proof: 5,000 tax returns, zero audits
08:50 — Final call to action

#CryptoTaxes #1099DA #IRS #CryptoTaxAudit #CryptoTaxFixer #DeFi #CryptoTrader

🎙️ About Clinton Donnelly
Clinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.

🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.

Our team specializes in:
✅ Complex gain calculations and wallet tracking
✅ Expat and foreign disclosure compliance
✅ IRS audits, defense, and forensic strategies
✅ Audit-resistant crypto tax preparation

📬 Work with us:
👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list

⚠️ NOTICE
Beware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.

📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.

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