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TFTC: A Bitcoin Podcast

#731: Fixing Broken Bitcoin Tax Policy with Andrew Gordon

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8804 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

Click on a timestamp to play from that location

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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