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The IRS is shaking up the crypto community with its new 1099-DA regulations, which will take effect in 2025. You don't want to be caught off guard!

😱 The changes will affect how crypto traders and investors calculate their gains, moving from popular methods like HIFO to the strict FIFO (First-In-First-Out) by account.

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🔹 How the new 1099-DA rules impact your tax strategy
🔹 The dangers of ignoring the FIFO change
🔹 How to protect yourself from IRS audits with the Safe Harbor plan

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📣 Host: Clinton Donnelly 👉 Twitter: https://x.com/CryptoTaxFixer
📚 https://www.cryptotaxaudit.com/blog/the-end-of-not-reporting-crypto-on-your-taxes-2025-shift-with-form-1099-da

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Disclaimer: This video is for informational purposes only and is not financial or tax advice. Please consult with a professional financial or tax advisor before making any decisions based on the content of this video.

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