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In this video, I discuss the IRS Bitcoin/digital assets accounting changes that are coming in 2025, and how you can prepare for them, by taking certain actions before 31 December 2024.
Not investment advice! Consult a financial advisor.
Further resources:
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If you don't pay your Bitcoin capital gains taxes, you may go to jail:
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UTXO management and privacy risks that come with combining UTXOs:
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Possible forms you can use to fill out:
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Open Time Stamps:
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#crypto
#taxes
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
