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Unchained

The Tax Rules That Have Crypto Users Aghast

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 23 January 2018

⏱️ 63 minutes

🧾️ Download transcript

Summary

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained Tax attorney Tyson Cross and CPA Jason Tyra discuss all things crypto and taxes, including what types of crypto transactions are taxable events, how you'll be taxed on hard forks -- relevant for those who owned Bitcoin last August 1! -- and whether you can deduct a loss if you lose your private keys or exchange loses your coins. Plus, they reveal the top question they get from crypto enthusiasts and their top recommendations for people who love crypto but want to minimize their tax headache. Tyson Cross: https://www.bitcointaxsolutions.com/ Jason Tyra: https://www.tyracpa.com/ Show notes: http://www.forbes.com/sites/laurashin/2018/01/23/the-tax-rules-that-have-crypto-users-aghast/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Krakin.

0:03.0

Krypto is like the financial system, but different.

0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is financed for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be to learn more.

0:22.0

Don't invest in as you're prepared to lose all the money

0:24.8

you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:30.9

This episode is brought to you by Noor.

0:34.0

If your love in this podcast, it's probably because of the things that went into it,

0:38.0

the ingredients, which is something Noor knows all about.

0:42.0

Their stocks put the Uf into your buff bogginion, the super into your soup, and the oo-wheat into your chili.

0:49.4

Discover the recipe for family mealtime happiness and give it more with nor

0:54.8

visit nore dot com forward slash UK Hi everyone. Welcome to Unchained, the podcast where we hear from

1:07.4

innovators, pioneers, and thought leaders in the world of

1:09.8

blockchain and cryptocurrency. I'm your host Laura Shin a senior editor at Forbes covering

1:14.8

all things crypto. If you love Unchained please give the show a positive rating

1:19.2

or review on iTunes. Those ratings and reviews help people find out about the show.

1:23.0

Also, spread the word on Facebook, Twitter, Slack,

1:26.0

telegram, and wherever you discuss crypto.

1:28.0

And don't forget to follow me on Twitter at Laura Shin.

...

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