If You Haven't Reported All Your Crypto, Watch This Now

5 days ago
3

The IRS is about to get full visibility into your crypto activity. Starting January 2026, the 1099-DA will report every sale, exchange, and transfer you make on US exchanges.

And in 2027, the Crypto Asset Reporting Framework (CARF) brings 90+ countries into the same system.

This means:
- Every transaction reported, no minimum amount
- Your wallet addresses exposed through transfer data
- Foreign exchanges like Binance will collect KYC and report to the IRS
- DeFi won't save you

The bigger shift: the IRS is moving away from audits and toward criminal indictments. Look at the Roger Ver case - they went back 10 years and reconstructed his entire portfolio using wallet clustering.

If you're not reporting all your crypto income, you have a narrow window to get compliant. After 2026, the game changes completely.

Timestamps:
0:00 - Why 75% of crypto traders are at risk
0:26 - What 1099-DA reports to the IRS (January 2026)
0:48 - Can you hide on foreign exchanges or DeFi?
1:04 - CARF explained: 90 countries start reporting in 2027
1:30 - Binance, Malta, and new KYC requirements
1:52 - How transfers expose your wallet addresses
2:17 - Roger Ver case: How IRS tracked 10 years of Bitcoin
3:00 - Why the IRS prefers criminal indictments over audits
3:38 - Tax evasion penalties: 5 years per year + $250K fine
4:10 - Time to get compliant before it's too late

Get help getting compliant: cryptotaxaudit.com/contact

Need help before CARF goes live?
Get a confidential 1:1 strategy session with Clinton Donnelly:
👉https://www.cryptotaxaudit.com/crypto-tax-consultation

#CARF #1099DA #CryptoTax #IRS #CryptoAudit #BinanceTax #CryptoCompliance #CryptoReporting #ClintonDonnelly #CryptoTaxAudit

More help:
• Crypto tax audit defense - https://www.cryptotaxaudit.com/taxshield
• Education & guidance on crypto tax reporting

Have a question about CARF or foreign reporting?
Drop it below and we’ll cover it in an upcoming video.

Disclaimer: This video is for educational and informational purposes only and does not constitute legal, tax, or financial advice.
Tax laws and IRS procedures can change, and every situation is unique.
You should consult with a qualified tax professional before taking any action based on this content.
Watching this video does not create a client relationship with Clinton Donnelly or CryptoTaxAudit.

For personalized guidance, visit
👉 https://www.cryptotaxaudit.com/crypto-tax-consultation

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