In this video, I explain a few simple ways you can potentially save thousands of dollars in cryptocurrency taxes by making a few changes to your crypto tax strategy, using crypto software and working with an accountant / tax planning specialist.
Resources:
1. Get a FREE trial of Koinly: https://koinly.io/?via=F4F52790
2. Be introduced to a crypto TAX planning specialist: https://forms.gle/VEWGEKbTnXDhJDw79
Time Stamps:
0:00 – How cryptocurrency is taxed
0:43 – Mining crypto? You MUST do this
1:50 – Best Crypto Tax Software
2:49 – Example of how I track mining income
4:09 – Easiest way to SAVE money on taxes
5:40 – Gifting Tax-Free Crypto
6:13 – HODL Crypto to pay less tax
6:48 – Writing off crypto losses
7:35 – Do this ASAP