The IRS Is Coming for Your Crypto. Here's What You Need to Know. Tax season is upon us, and if you're unsure of how this affects your crypto wallet, then you need to see this.

By Mackenzie Truman

Tax season is here, and if you've had any transactions related to crypto, there is a lot you need to know. In the above video, tax attorneys Mark J. Kohler and Mat Sorensen break down some vital information you need to protect your assets and avoid penalties. Kohler and Sorenson discuss:

  • Capital gains strategies
  • The IRS stance on cryptocurrency taxation
  • Trading Crypto tax strategies
  • Staking and Defi tax strategies
  • Crypto mining tax strategies
  • Trading crypto tax-free with an IRA or 401k

More about the speakers:

Mark J. Kohler is a CPA, attorney, co-host of the podcast "Refresh Your Wealth", and a senior partner at both the law firm KKOS Lawyers and the accounting firm K&E CPAs. Kohler is also the author of The Tax and Legal Playbook, 2nd Edition and The Business Owner's Guide to Financial Freedom.

Mat Sorensen is an attorney, CEO, author, and podcast host. He is the CEO of Directed IRA & Directed Trust Company, a leading company in the self-directed IRA and 401k industry and a partner in the business and tax law firm of KKOS Lawyers. He is the author of The Self-Directed IRA Handbook.

Mackenzie Truman

BIZ Experiences Staff

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Business News

Here Are the 10 Jobs AI Is Most Likely to Automate, According to a Microsoft Study

These careers are most likely to be affected by generative AI, based on data from 200,000 conversations with Microsoft's Copilot chatbot.

By Sherin Shibu
Starting a Business

These Brothers Started a Business to Improve an Everyday Task. They Made Their First Products in the Garage — Now They've Raised Over $100 Million.

Coulter and Trent Lewis had an early research breakthrough that helped them solve for the right problem.

By Amanda Breen
Business News

Mars Says 94% of Its Products Sold in the U.S. are Now Made There, Too

The candy-maker has created 9,000 jobs over the last five years with its investments, according to a new report.

By Erin Davis
Leadership

How Business Leaders Can Uphold the Ideals America Was Founded On

As America's 250th anniversary approaches, business leaders are called to help reclaim the values that once defined the nation.

By Ajay Tejasvi
Thought Leaders

Want to Be a Trusted Thought Leader? Use this Psychology Bias to Your Advantage

The most influential thought leaders aren't just smart — they're memorable. Here's how to harness the psychology of perception to amplify the impact of your content.

By Yogesh Shah
Management

Annual Workforce Planning Is Broken. Here's the Smarter, Real-Time Alternative

By taking a continuous approach to workforce planning, companies can match their people with business goals and changing economic conditions.

By Ryan Wong