How can the IRS find out about your NFT/Crypto and why you should report it on your tax return

Mac Tax® CPA (Accounting, Tax, Business, Stocks, Crypto, NFTs and more)

#Business #Mac Tax® #Tax Returns

5:58

In 1966, two Brazilian men were found dead on Vintém Hill under bizarre circumstances that continue to perplex investigators and conspiracy theorists alike. Lying side by side, their bodies were discovered wearing matching lead masks—shields with no eyeholes—alongside cryptic notes. Were they victims of a cult ritual, a failed experiment, or something even more otherworldly? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .…

3 years ago 0:59

MP3•Episode home

Email topic suggestions into jmacari@mactaxcpa.com

84 episodes

How can the IRS find out about your NFT/Crypto and why you should report it on your tax return

Mac Tax® CPA (Accounting, Tax, Business, Stocks, Crypto, NFTs and more)

published 3 years ago

MP3•Episode home

Email topic suggestions into jmacari@mactaxcpa.com

84 episodes

#Business #Mac Tax® #Tax Returns

All episodes

1
Mastering IRS Taxation of Cryptocurrency and Digital Assets 49:25

22 weeks ago49:25

49:25

This course comprehensively covers cryptocurrency and digital asset taxation and is designed for accounting professionals handling crypto transactions. Learn the IRS treatment of digital assets, including taxable events, reporting requirements, and common pitfalls. Understand how to properly calculate and report crypto gains, losses, and income while exploring practical strategies for compliance using specialized software tools. The course addresses recent IRS notices, documentation requirements, and best practices for managing cryptocurrency tax obligations. After completing this course, participants will be able to: - Identify tax implications of IRS property classification for cryptocurrency transactions - Demonstrate proper response procedures for IRS CP2000 notices regarding cryptocurrency transactions - Discover the current tax advantage of cryptocurrency losses compared to stock losses - Evaluate tax reporting requirements for business expenses paid in cryptocurrency - Document cryptocurrency self-transfers to demonstrate non-taxable status for IRS reporting…

1
Income Taxes 101 for New Business Owners. 14:22

31 weeks ago14:22

14:22

Learn about sole proprietors and single member LLCs taxation by the IRS and what to keep track of for income tax purposes Full episode out on Youtube and Audio. #newbusiness #llc #schC #accounting #business #taxes #bookkeeping #accountant #accountantlife #cpa #entrepreneur #finance #financialfreedom #taxeducation #education #taxaccountant #mactax #accountingpodcast #podcast #moneyeducation #irs #taxplanning #smallbusiness #nft #cryptocurrency #bitcoin…

1
Why Accountants Should Think like a Prosecutor 41:47

31 weeks ago41:47

41:47

Today we have a conversation with Benjamin David. Ben David has served as an elected District Attorney since 2004. He is a past president of the NC Conference of District Attorneys and currently holds executive office in the National District Attorneys Association, chairing the commission on community outreach. Ben is now moving on to help CPAs and Accountants think like a prosecutor to help fight white collar crime through education and CPE training. https://pageraftstaging.nxtbook.com/the_ygs_group/vscpa/disclosures_summer_2024/disclosures_summer_2024_fraud.html https://www.vscpa.com/report-fraud-every-time https://www.vscpa.com/follow-money-highest-criminal-charge https://www.theiia.org/en/products/learning-solutions/on-demand/why-internal-auditors-should-think-like-a-prosecutor/…

1
BTC ETF what’s next for crypto part 2? 0:58

1 year ago0:58

0:58

BTC Spot ETF what’s next for crypto part 2? Price appreciation? Republican support for crypto in 2024?

1
What is the Bitcoin ETF and whats next for crypto investors? 0:59

1 year ago0:59

0:59

Learn about the bitcoin ETF what’s next for crypto investors and why you should get serious about filing your Crypto taxes ASAP

1
Want to save money on your income taxes this year? Do this now before year end 0:55

1 year ago0:55

0:55

Time to take inventory and do tax planning before year end to save on your income taxes

1
Supreme Court Tax Case with HUGE Implications possibly blocking a future wealth tax 1:35

1 year ago1:35

1:35

This Supreme Court case could forever block a future wealth tax

1
How to Avoid and Spot Scams 0:54

1 year ago0:54

0:54

We have been seeing too many people lose money to scams never send crypto or money to a platform or wallet you don’t hold the private keys or passwords too

1
Mac Tax CPA Podcast with Cory Gayman CPA - 2023 40:01

1 year ago40:01

40:01

Join us for a conversation about the state of being an accountant, the IRS, running a business and more

1
Here’s how to tell the difference between a hobby and a business for tax purposes 1:26

2 years ago1:26

1:26

Here are the 10 factors the irs looks at in determining if your business is a business or hobby for taxes

1
New cryptocurrency tax law defines “crypto broker”. This is how it will affect crypto investors 1:26

2 years ago1:26

1:26

The new crypto broker law has a big impact on consumers listen in for details

1
What to know if you’re investing in cryptocurrency/NFTs 1:42

2 years ago1:42

1:42

Short clip from legal limelight podcast with Francesca Witzburg

1
How Tax and Legal Planning Upfront can Help save you 💰 Later 2:13

2 years ago2:13

2:13

Full podcast with Bryan on Audio and YouTube

1
How to write off your car on your taxes 2:00

2 years ago2:00

2:00

How to write off your car on your taxes. What car expenses can you write off and methods for calculating car deduction amount

1
Getting Paid in Crypto and Paying with Crypto - Jagruti Solanki (BitPay CFO) & Justin Macari (Mac Tax CPA) 35:35

2 years ago35:35