Everything You Need to Know About Crypto Taxes | Crypto Taxes Made Simple
In this interview with Matthew Metras, we cover everything you need to know about crypto taxes including taxes with NFTs, crypto taxes with DeFi, the best crypto tax software to use and the most common mistakes that people make with crypto taxes.
Timestamps:
0:30 - Matt's background and expertise in crypto tax accounting
1:20 - #1 Thing people need to be aware of regarding crypto taxes
2:30 - Planning your crypto taxes (conservative vs. aggressive) - DeFi Tax Example
4:00 - Current crypto tax laws and guidance
5:15 - Crypto taxes with yield farming, DeFi and using multiple wallets
6:20 - Best crypto tax programs and software
7:30 - Crypto taxes with yield farming, DeFi and using multiple wallets
10:00 - Crypto tax loss harvesting and crypto taxes with NFTs
11:40 - #1 Mistake people make with crypto tax accounting
13:15 - Biggest crypto tax hacks and loopholes
16:30 - Upcoming changes to crypto tax laws in 2022
19:30 - How to plan your crypto taxes for 2022
Contact Matt directly: Bitcointaxes.me
USEFUL LINKS:
Join our Telegram community: https://t.me/cryptorelli
Connect through Discord: https://discord.gg/cryptorelli
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I post my best (and worst) calls daily on Twitter first: www.twitter.com/alectorelli
Subscribe to my curated crypto newsletter: alectorelli.substack.com
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I'm very active on social media, as well as my personal blog, personal YouTube and Conscious Poker YouTube. Follow me and let's connect.
Personal YouTube: www.youtube.com/alectorelli
Poker YouTube: www.youtube.com/consciouspoker
Personal Blog: www.alectorelli.com
Poker Training Site: www.consciouspoker.com
DISCLAIMER: Everything Alec Torelli says on the CrypTorelli YouTube, his trades, strategies, and news coverage are based on his opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the cryptocurrencies and public and private markets, and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence. You and you alone are responsible for all of the financial risks you take.
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