#731: Fixing Broken Bitcoin Tax Policy with Andrew Gordon
TFTC: A Bitcoin Podcast
Marty Bent
4.8 • 804 Ratings
🗓️ 25 March 2026
⏱️ 47 minutes
🧾️ Download transcript
Summary
Marty sits down with Andrew Gordon to discuss the IRS's aggressive new crypto audit tactics, problematic tax reporting requirements like Form 1099-DA, and the urgent need for legislative reforms including a de minimis exemption and voluntary disclosure program.
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Transcript
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| 0:00.0 | You've had a dynamic where money has become freer than free. |
| 0:10.0 | If you talk about a Fed just gone nuts, all the central banks going nuts. |
| 0:16.0 | So it's all acting like safe haven. |
| 0:18.0 | I believe that in a world where central bankers are tripping over themselves to devalue their currency, |
| 0:24.4 | Bitcoin wins. |
| 0:25.3 | In the world of fiat currencies, Bitcoin is the victor. |
| 0:29.2 | I mean, that's part of the bold case for Bitcoin. |
| 0:31.9 | If you're not paying attention, you probably should be. |
| 0:36.3 | Andrew Gordon, welcome to the show, sir. |
| 0:39.1 | Well, thank you for having me. I'm excited to be here. |
| 0:42.2 | I'm excited to have you. And like I was just mentioning, I feel fortunate to get some of your time here at the tail end of March. |
| 0:50.3 | It is, I'm sure, busy season for you as we approach April 15th. |
| 0:55.5 | And we're sitting down today to talk about the intersection of Bitcoin crypto and accounting. |
| 1:02.1 | And for anybody who's listening or watching and is unaware, Andrew, is the managing attorney at Gordon Law Group. |
| 1:09.6 | He has both a JD and a CPA. He's clerked at the IRS |
| 1:14.1 | Office of Chief Counsel and chaired an IRS fraud trial. And he's been focused on Bitcoin and |
| 1:19.9 | crypto taxes since 2014 with over a thousand clients served. And you made a bit of a wave |
| 1:27.0 | a few weeks ago flagging an audit file or an audit |
| 1:31.6 | survey that the IRS is sending out to Bitcoin and crypto holders when they're being audited |
| 1:38.0 | and it's asking for a lot of information inputs potential and's individuals a potential risk of perjury, |
| 1:46.8 | if I understand correctly. Is that true? Yeah, yeah, that's right. And like you said, Marty, |
| 1:51.9 | I've been working in crypto tax since 2014, which feels like a lifetime in crypto, although |
... |
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