Crypto transactions now under gov't scrutiny: Are you prepared? - David Spencer

David Spencer, Owner of DKS Tax and Consulting, joins Ernest Hoffman, Reporter at Kitco News, to provide an in-depth discussion on how cryptocurrency holders can navigate the complex tax landscape. They explore the potential implications of the IRS' recent crypto crackdown and offer practical tips on how individuals can defray their taxes. Additionally, they shed light on how the government can track your crypto transactions, and what this means for those looking to stay compliant. If you're a crypto holder or considering investing in digital assets, this is a must-watch video to help you stay on top of your tax and regulatory obligations.

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0:00 - Penalties for not paying taxes
1:10 - Crypto's treatment in tax
3:01 - Crypto bull vs. bear markets
4:22 - Individual crypto holdings
5:26 - Crypto legislation

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