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.

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

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.

The IRS is about to receive foreign crypto exchange data, including wallet activity, under the upcoming Crypto Asset Reporting Framework (CARF). U.S. taxpayers now have a very limited window to get compliant.In this video, Clinton Donnelly breaks down what the U.S. Treasury just proposed: participation in the Crypto Asset Reporting Framework (CARF) a global reporting system already signed by nearly 90 countries. CARF is expected to begin data collection in 2027, and foreign countries could start sending reports to the IRS in 2028.CARF goes far beyond a 1099-DA. It could include:- wallet addresses- transfers- exchanges- disposal events- tax residency info- identity details collected by foreign exchangesThis video shows how the IRS may combine CARF data with tools like Palantir to identify who fully reported their crypto — and who didn’t. If you're a U.S. crypto trader with activity on foreign platforms, this may be the most important update you watch all year.
Need help before CARF goes live?Get a confidential 1:1 strategy session with Clinton Donnelly:👉https://www.cryptotaxaudit.com/crypto-tax-consultationMore help:• Crypto tax audit defense - https://www.cryptotaxaudit.com/taxshield• Education & guidance on crypto tax reportingHave 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

Protect yourself from IRS crypto audits with TaxShield:👉 https://www.cryptotaxaudit.com/taxshieldOG Bitcoin whales are dumping BTC for Zcash, not because of market cycles, but because of fear.Following the Roger Ver plea deal and the newly demonstrated IRS wallet-tracing capabilities, early Bitcoin holders are panicking over old, unreported gains, potential indictment exposure, and the upcoming 1099-DA reporting rules. In this video, Clinton Donnelly breaks down the tax panic driving BTC’s decline and Zcash’s sudden 10x surge.⏱️ TIMESTAMPS00:00 Why Bitcoin has been falling for two months00:20 Zcash up 10x the rollover trade explained00:37 Fear of criminal indictment among OG whales01:00 How the IRS traced Roger Ver using subgraph analytics01:20 1099-DA begins in January, automatic wallet reporting01:45 CARF expands global reporting to foreign exchanges02:10 How using an old wallet exposes your entire trading history02:45 Why whales are temporarily using Zcash to break legacy traces03:15 Why the Zcash pump is slowing down03:50 The dangers of privacy tokens during an audit04:10 Clinton’s advice if you didn’t report early-year crypto gains📌 ABOUT THIS VIDEOBitcoin’s recent drop is not a normal four-year cycle.OG whales are shifting massive BTC positions into Zcash because:• Wallet tracing now exposes decade-old tax issues• Roger Ver’s plea deal revealed the IRS can fully reconstruct old portfolios• 1099-DA will expose exchange flows automatically starting January• CARF expands wallet reporting worldwide• Using an old BTC wallet today can expose all historical activityThis BTC → ZEC rollover is a short-term privacy maneuver, but it carries its own audit risks. Clinton Donnelly explains the tax mechanics, the legal exposure, and what traders must do to protect themselves.📚 RESOURCES (IRS + DOJ)IRS Form 1099-DA (Digital Asset Reporting):https://www.irs.gov/pub/irs-pdf/f1099da.pdfIRS Digital Asset Guidance (official rules):https://www.irs.gov/businesses/small-businesses-self-employed/digital-assets#bitcoin #zcash #cryptotaxes #irs #crypto #btc #cryptoaudit #cryptotrailer #cryptonews #defi #cryptotrading #bitcoinnews #ogwhales #privacycoins #1099DA #carf🔗 MORE RESOURCES👉 Protect yourself from IRS crypto audits with TaxShield:https://www.cryptotaxaudit.com/taxshield👉 Book a crypto tax consultation:https://www.cryptotaxaudit.com/crypto-tax-consultation👉 Follow Clinton Donnelly on X for real-time updates: https://x.com/CryptoTaxFixerDisclaimerThis 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/taxshieldRELATED SEARCH TERMS: bitcoin tax, zcash privacy, og crypto whales, irs crypto tracing, crypto tax audit, bitcoin wallet tracking, 1099 da rules, carf crypto reporting, crypto indictment risk, bitcoin to zcash rollover, zcash pump explained, crypto privacy tokens, irs crypto crackdown, clinton donnelly crypto tax

⚠️ WARNING: The biggest threat after a crypto scam is getting robbed a second time.In 2025, crypto scams are more organized, technical, and psychologically targeted than ever before. But here’s what most victims don’t know:Scammers often install malware, steal your ID/KYC, and may continue targeting you long after the initial theft. This means your identity, your devices, and even your bank accounts may still be at risk.In this critical interview, crypto tax attorney Clinton Donnelly speaks with Joseph Albiñana, a senior blockchain investigator at CoinStructive, to expose how pig-butchering scams, romance scams, investment frauds, and “recovery scams” actually work and how victims can protect themselves.👤 Meet the Expert: Joseph Albiñana (CoinStructive)Joseph is a senior blockchain investigator at CoinStructive, specializing in:- Tracing stolen digital assets- Scam investigations- Forensic reporting for attorneys & law enforcement- Identifying hidden wallets in divorce cases- Analyzing complex laundering flows (mixers, bots, peel chains, bridges)He also contributes to online scam-awareness communities (including Reddit’s scam forums) and plays a key role in CoinStructive’s investigative operations.🎟️ Use promo code CRYPTOTAXAUDIT50 and get 50% off your first purchase today.🔗 PathTracer 👉 https://www.pathtracer.io/🔗 CoinStructive 👉 https://coinstructive.com/🔗 Crypto Recovery Alliance 👉 https://www.cryptorecoveryalliance.org/🔗 LinkedIn 👉 https://www.linkedin.com/in/joseph-albi%C3%B1ana-40576628/📌 What You’ll Learn:❌ The “Crypto Recovery” Scam: Why 99% of online recovery services are scams and how they rob victims twice.🛑 Identity Risk: How scammers install malware, steal KYC documents, and turn victims into money mules.💰 Tax Deduction Help: How to deduct stolen crypto as an investment loss (and the documents you need).🧾 Need tax help after a crypto scam?Most victims don’t realize they can deduct the amount they actually invested as an investment loss on their tax return.This requires documentation — and Clinton’s team can help you prepare it correctly.👉 https://www.cryptotaxaudit.com/crypto-tax-consultationPlus:• Why you MUST report losses to the FBI (IC3)• How global scam rings operate with industrial precision• Why smart, wealthy people (even PhDs) still fall victim• How forensic analysts legally track stolen assets• How hidden wallets are uncovered in divorce cases• How PathTracer determines if stolen crypto is traceable• What victims should never do after being scammed• Why law enforcement is overwhelmed — and how private investigators fill the gap

Renouncing your U.S. citizenship does not guarantee tax freedom, and for many people, it can create bigger tax problems than it solves.

In this video, Clinton Donnelly breaks down the real rules, including why the IRS can still pursue you for 10 years after renunciation, how Form 8854 works, and what the Exit Tax actually is.

🇺🇸 What You’ll Learn in This Video• Why U.S. citizens are taxed on worldwide income• Why moving to Dubai or Portugal doesn’t remove your IRS obligations• The one legitimate tax haven for Americans (Puerto Rico Act 60)• How the Exit Tax works when your net worth is $2M+• Why you need a second passport before renouncing• The 10-year IRS rule that caught Roger Ver• The risks of never being allowed back into the U.S. after renouncing• Why young Americans should think twice before giving up their passport

Clinton Donnelly, founder of CryptoTaxAudit, is one of the leading experts in IRS crypto audits, international tax strategy, and taxpayer defense.

📌 IRS Resources: • Form 8854 (Exit Tax) — Official IRS page👉 https://www.irs.gov/forms-pubs/about-form-8854• Foreign Tax Credit Information👉 https://www.irs.gov/individuals/international-taxpayers/foreign-tax-credit• Section 933 (Puerto Rico Sourced Income)👉 https://www.law.cornell.edu/uscode/text/26/933💼 Need Expert Help With International or Crypto Taxes?Book a call with our team:👉 https://www.cryptotaxaudit.com/crypto-tax-consultation

DisclaimerThis 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 RELATED SEARCH TERMS: renouncing us citizenship tax, exit tax explained, can you escape us taxes, us worldwide income rules, puerto rico act 60 taxes, crypto tax for americans abroad, form 8854 exit tax, zero tax countries for americans, move to dubai taxes us, irs crypto enforcement, us citizens foreign tax credit, crypto gains tax leaving country, irs expat rules, puerto rico crypto tax 2025, crypto tax loopholes 2025, act 60 residency rules

In this exclusive interview, Clinton Donnelly sits down with crypto expert Lark Davis to unpack Trump’s proposed $2,000 stimulus, the new wave of pro-crypto regulation, and what it all means for your crypto portfolio and taxes.👨‍⚖️ Clinton Donnelly is the founder of CryptoTaxAudit, a leading authority in IRS representation, crypto tax compliance, and audit defense.🎙️ Lark Davis, one of the world’s most recognized crypto analysts, shares his personal tax journey, his thoughts on tokenization, and how investors can prepare for a volatile but opportunity-filled 2025.💡 What You’ll Learn:• Why Trump’s $2,000 stimulus and “run it hot” policy could reignite the crypto bull market• How U.S. regulation is shifting under the new administration (Clarity Act, stablecoins, pro-crypto policy)• How tokenization could make the U.S. the world’s crypto capital• Lark Davis’s top 3 altcoins and why he moved to Dubai for crypto tax freedom

🔗 Connect with Lark Davis🎥 YouTube → https://www.youtube.com/@TheCryptoLark🐦 X / Twitter → https://x.com/TheCryptoLark📰 Newsletter → https://thewealthmastery.io/🔗 Resources & Related Videos:📞 Book a 1-on-1 Crypto Tax Consultation → https://www.cryptotaxaudit.com/crypto-tax-consultation📘 Watch next → IRS 1099-DA Rules Explained (2026 Update)💡 Download your free Crypto Tax Checklist → https://www.cryptotaxaudit.com/tax-prep-waiting-list🔔 Subscribe for weekly crypto tax updates and expert interviews.🧭 About This ChannelWelcome to CryptoTaxAudit, the trusted channel for understanding crypto taxes, IRS audits, and new regulations shaping digital assets.Our mission: protect crypto investors with knowledge, compliance, and confidence.⚠️ 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 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-consultationRelated search terms: Trump stimulus crypto, crypto regulation 2025, Lark Davis interview, Clinton Donnelly crypto taxes, tokenization, Bitcoin cycle 2025, 1099-DA, pro-crypto policy, Dubai crypto tax, crypto ETF USA

When it comes to reporting crypto losses, one wrong form or bad YouTube “hack” can put you straight on the IRS’s radar.👨‍⚖️ Clinton Donnelly explains the three biggest mistakes crypto traders make when reporting losses and how to avoid triggering a Letter 3176C for a “frivolous” return.

💼 What you’ll learn:• How the IRS actually views theft, Ponzi, and scam-related losses• Why “obscure loopholes” can lead to frivolous-return flags• The difference between a valid theft loss and a disallowed claim• How to document proof properly under Form 4684• When it’s smart to file with CryptoTaxAudit to prevent audits

📞 Get help:👉 Book a professional crypto tax consultation: https://www.cryptotaxaudit.com/crypto-tax-consultation👉 Join TaxShield: https://www.cryptotaxaudit.com/taxshieldOfficial IRS resource: Form 4684 – https://www.irs.gov/forms-pubs/about-form-4684

🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.

🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.Our team specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic strategies✅ Audit-resistant crypto tax preparation

⚠️ NOTICEBeware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.🔍 Related Search Terms: crypto tax loss reporting, how to report stolen crypto to irs, form 4684 crypto, ponzi scheme tax deduction, frivolous return irs, irs letter 3176c crypto, crypto tax audit, theft loss vs capital loss, crypto tax consultant near me, how to avoid irs crypto audit

Can you really pay 0% capital gains tax by moving to Puerto Rico?In this video, Clinton Donnelly breaks down Puerto Rican Act 60, the IRS residency tests, and the exact mistakes that can trigger an audit if you get this wrong.💼 What you’ll learn:• How Act 60 creates a legal 0% capital gains tax incentive for U.S. citizens• The 5 residency rules you must meet to qualify• What the IRS watches for in audits (including your passport days)• Real example: Pantera Capital CEO under Senate investigation• The truth about the “Closer Connection Test” and how to avoid losing status👉 For professional help setting up your Puerto Rico residency and crypto reporting, visit:https://www.cryptotaxaudit.com/crypto-tax-consultation📚 Related Resources:• IRS Publication 570 – https://www.irs.gov/forms-pubs/about-publication-570• IRS Residency Rules: https://www.irs.gov/individuals/international-taxpayers/residency-testsAbout Clinton Donnelly: Clinton Donnelly, known as the Crypto Tax Fixer, is a leading expert in IRS representation, crypto tax defense, and audit protection. Founder of CryptoTaxAudit, he helps crypto investors stay compliant and defend themselves when the IRS comes knocking.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

The IRS has been weaponized by both political parties for decades. Clinton Donnelly, who defends traders in IRS audits every day, breaks down the real cases you haven't heard about and reveals why eliminating capital gains tax on digital assets is the only realistic solution.

Clinton Donnelly is the founder of CryptoTaxAudit and one of the leading crypto tax defense attorneys in the United States. He's represented hundreds of crypto traders facing IRS audits and investigations, giving him unique insight into how the system really works.

Facing an IRS Audit or Investigation?📞 Book a consultation with Clinton's team 👉 https://www.cryptotaxaudit.com/crypto-tax-consultation

In this video, Clinton discusses:IRS Weaponization Throughout History:Nixon's enemies list and how he used the IRS as a weaponTrump's aggressive annual IRS audits before becoming presidentIRS contractors who illegally leaked Trump's tax returns to the public

The Hunter Biden Tax Scandal:How Hunter Biden violated multiple tax filing requirementsFailed to pay millions in taxesDOJ refused to prosecute in a timely fashionIRS whistleblowers Shipley & Ziegler were PUNISHED for exposing favorable treatmentThese whistleblowers recently received compensation for what they endured

The Roger Ver Case:How the IRS aggressively targeted this outspoken Bitcoin advocateThe aggressive methods they used against himTrump administration's recent settlement on more favorable terms

Why Abolishing the IRS Won't Work:Congressman Warren Davidson filed a bill to repeal the 16th AmendmentRequires 2/3 of all states to agree (impossible in today's political climate)This is a multi-year "red state vs. blue state" dead-end proposition

Clinton's BETTER Solution (That Could Actually Happen):Completely eliminate capital gains tax on digital assetsRadically slash income tax rates to 1913 levelsDramatically shrink the size of governmentShift federal revenue from income tax to tariffs and external sourcesPrepare for the AI economy where you can't tax robots

The Economic Case:- When you stop taking money from people, they invest in companies- They buy cars, go to stores, stimulate the economy- Lower taxes drive MORE government revenue, even at smaller rates- The 1913 economy was firing on all cylindersThe Bottom Line:The IRS tracks crypto traders aggressively. Whether you support major reform or complete abolition, this is the most honest conversation about why capital gains tax on digital assets must be eliminated, from someone who defends traders against the IRS every single day.Protect Yourself from IRS Audits:The IRS WILL come after crypto traders. Get Tax Shield protection NOW 👉 https://www.cryptotaxaudit.com/taxshield

Questions? Comment below. Clinton's team responds to serious questions within 24 hours.

Even if you never sell your Bitcoin, you’re not immune from taxes.Borrowing against your crypto can create hidden liabilities if you’re liquidated and when you finally sell, your long-term capital gains can reach 20–30% including federal, NIIT, and state taxes.Crypto tax expert Clinton Donnelly, known as the Crypto Tax Fixer and founder of CryptoTaxAudit, breaks down the real IRS implications for Bitcoin HODLers. He explains when borrowing can make sense, when it becomes risky, and why liquidation events can surprise even seasoned investors.What you’ll learn:- How long-term capital gains on Bitcoin are actually taxed- The real cost of borrowing against crypto (12–15% interest)- When forced liquidation creates taxable gains- Why you should never repay Bitcoin loans with Bitcoin itself- How to protect yourself with professional tax planning🔥 Protect your crypto before tax season:Book a Crypto Tax Consultation 👉 https://www.cryptotaxaudit.com/crypto-tax-consultation🔗 Official IRS reference:IRS Capital Gains and Losses 👉 https://www.irs.gov/publications/p544#CryptoTaxAudit #BitcoinTaxes #CryptoTaxFixer #ClintonDonnelly #BitcoinHodl #CryptoLoans #IRS #CryptoTaxHelp #TaxShield🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.Our team specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic strategies✅ Audit-resistant crypto tax preparation📬 Work with us:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list⚠️ NOTICEBeware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.RELATED SEARCH TERMS: bitcoin hodler, bitcoin taxes explained, crypto tax audit, crypto tax expert, clinton donnelly, bitcoin capital gains tax, crypto loan taxes, borrowing against bitcoin, crypto liquidation tax, tax free crypto myth, long term capital gains crypto, bitcoin tax loophole, irs crypto rules, crypto tax consultation, crypto audit defense, how bitcoin taxes work, irs bitcoin reporting, crypto tax help usa, bitcoin gains taxed, irs crypto crackdown, cryptotaxaudit, crypto tax filing tips, bitcoin interest rates, crypto borrowing risk, forced liquidation taxes, bitcoin tax warning

Crypto theft prevention starts with OPSEC, which you can actually do today. Learn the distance rule, wallet splits, and how to claim losses.If you hold digital assets, crypto theft prevention isn’t optional, it’s survival. This video breaks down practical OPSEC moves that lower real-world risk, from going quiet about holdings to creating genuine distance between you and your keys. We cover home invasion crypto scenarios and why “a few hours away” isn’t enough; your recovery stash should be a plane-trip away to prevent forced access.You’ll learn cold wallet security tactics: multiple wallets, separated locations, no overlapping seed phrases, and sending funds to cold storage without keeping the signing device on-hand. We also walk through mail privacy basics (virtual mailbox), avoiding crypto gear/clothing in public, and how to talk about crypto safely (or not at all).On tax treatment, we outline Section 165(c)(2) investment loss principles: theft or loss of investment assets may be treated as investment losses (not personal), with recovery limited to basis. We detail when Form 4684 crypto loss reporting applies, what “basis only” means (especially with Ponzi claims), and documentation steps if you’re challenged.Finally, you’ll see how to build your paper trail: report to the FBI Internet Crime portal, consider local police reports, and maintain records that support your claim if the IRS asks for evidence. These moves won’t bring coins back, but they will harden your security and strengthen your position if the worst happens.

Resources:• FBI Internet Crime Complaint Center (IC3) 👉 https://www.ic3.gov/• IRS Form 4684 instructions 👉 https://www.irs.gov/instructions/i4684#cryptotheft #opsec #coldwallet #form4684 #section165 #homeinvasion #seedphrase #ledger #trezor #bitcointax #ethsecurity #cryptosafety #cybercrime #ic3 #walletsecurity 🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.Our team specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic strategies✅ Audit-resistant crypto tax preparation📬 Work with us:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list⚠️ NOTICEBeware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.

The 2025 tax season is bringing the biggest change to crypto tax reporting in years. Centralized exchanges will now send the IRS a Form 1099-DA, detailing every single one of your crypto sales, exchanges, and even transfers. For active traders, this could be a document that is dozens of pages long.Is your current accountant prepared to handle this?In this episode of the Clinton Donnelly Show, we break down exactly what the 1099-DA means for you as a US crypto investor. He'll cover why standard tax software fails with complex DeFi transactions and how misclassifying trades can lead you to overpay the IRS by thousands. Don't get caught unprepared.Stop overpaying on your crypto taxes. Get a consultation from the experts at CryptoTaxAudit 👉 https://www.cryptotaxaudit.com/crypto-tax-consultation🔗 Official IRS Reference 👉 https://www.irs.gov/forms-pubs/about-form-1099-da🕒 Timestamps :00:00 — Why your CPA will quit in 202501:05 — 1099-DA reporting begins02:10 — Broker-dealer FIFO-by-wallet rule explained03:35 — Why accountants can’t keep up04:45 — IRS audit surge expected in 202605:10 — DeFi and cross-chain bridging nightmare06:40 — Why software can’t fix this07:30 — CryptoTaxAudit’s solution and real-world results08:20 — Authority proof: 5,000 tax returns, zero audits08:50 — Final call to action#CryptoTaxes #1099DA #IRS #CryptoTaxAudit #CryptoTaxFixer #DeFi #CryptoTrader🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.Our team specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic strategies✅ Audit-resistant crypto tax preparation📬 Work with us:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list⚠️ NOTICEBeware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.🔍 Related Search Terms: irs 1099-da crypto, crypto tax 2025 rules, crypto accountant quitting, how to report crypto on taxes 2025, fifo vs lifo crypto tax, broker dealer cost basis rule, crypto tax audit 2026, defi bridging taxes, cryptotaxaudit review, clinton donnelly crypto tax fixer

Trump just opened the door for Bitcoin in 401(k)s, but here’s the catch: you may never actually own it.Clinton Donnelly explains what this executive order really means, where the IRS tax traps are hidden, and why your “Bitcoin in retirement” may be an illusion.👨‍⚖️ What you’ll learn:• What Trump’s order allows and what it doesn’t• Why Bitcoin withdrawals from 401(k)s always convert to fiat• Why you can’t ever take Bitcoin “in kind” from a retirement plan• Hidden rules: 5-year lock-ins, 10% early withdrawal penalties, required minimums• Why your 401(k) Bitcoin is ultimately not your BitcoinIf you thought putting Bitcoin in your 401(k) was a safe move, think again. Clinton breaks down the risks, the traps, and what you can do to protect yourself.📞 Need expert help with your crypto taxes?👉 Book a consultation with CryptoTaxAudit💬 Post your questions below. Clinton answers crypto tax issues weekly.👍 Like, share, and subscribe to get the latest updates.🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.Our team specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic strategies✅ Audit-resistant crypto tax preparation📬 Work with us:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list⚠️ NOTICEBeware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.Related Search Terms: bitcoin in 401k, trump bitcoin executive order, bitcoin retirement account, bitcoin ira tax rules, bitcoin tax audit, bitcoin withdrawal penalties, 401k bitcoin risks, bitcoin in retirement plan

Are you confused about how crypto taxes actually work? 🤔

These are your questions, answered. Clinton Donnelly, founder of CryptoTaxAudit, tackles the Top 5 crypto tax questions our viewers ask most.

What you’ll learn in this video:• Do you pay taxes on stablecoin transactions?• What is “cost basis” and why does it matter for crypto?• Is moving crypto between wallets taxable?• How do you report crypto trades and exchanges to the IRS?• Can you use losses to reduce your crypto tax bill?

Clinton explains the rules in plain English with real-life examples, including how losses can carry forward to save you thousands in future years.

🔥 Whether you’re a beginner or seasoned trader, these are the IRS rules you can’t afford to ignore.

📞 Need help filing your crypto taxes or preparing for an IRS audit? Book a consultation today:👉 https://www.cryptotaxaudit.com/crypto-tax-consultation

🔗 Helpful IRS links:IRS Virtual Currency Guidance 👉 https://www.irs.gov/filing/digital-assetsIRS Form 8949 for Reporting Capital Gains & Losses 👉 https://www.irs.gov/forms-pubs/about-form-8949

🔔 Subscribe for weekly updates on crypto taxes, audits, and strategies that protect your profits.

🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.Our team specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic strategies✅ Audit-resistant crypto tax preparation

📬 Work with us:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list

⚠️ NOTICEBeware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.

📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.

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Are you thinking about trusting AI or Reddit for crypto tax tips? The IRS just fined taxpayers $162M in penalties for following bad advice.🔗 IRS press release: https://www.irs.gov/newsroom/irs-assesses-162-million-in-penalties-over-false-tax-credit-claims-tied-to-social-media?utm_source=chatgpt.comIf you want to avoid costly mistakes, you need a real crypto tax expert on your side.AI and Reddit can recycle information, but cannot provide judgment, foresight, or accountability. That’s where an expert comes in.In this video, Clinton Donnelly, founder of CryptoTaxAudit and known as the Crypto Tax Fixer, explains why relying only on AI or social media tips can cost you thousands, and why working with a crypto tax professional is the smarter path in 2025. 👉 https://www.cryptotaxaudit.com💡 What you’ll learn:- Why IRS crypto rules move faster than AI or Reddit advice- How $162M in penalties hit taxpayers chasing social media “hacks”- The risks of using crypto gain calculators without expert review- Why a crypto tax expert can save you money and protect you from audits📞 Need professional help with your crypto taxes? Book a private consultation today:👉 https://www.cryptotaxaudit.com/crypto-tax-consultation🔗 Official IRS guidance on virtual currencies: https://www.irs.gov/businesses/small-businesses-self-employed/virtual-currencies

🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, founded CryptoTaxAudit.com, the leading crypto tax and IRS audit defense firm. Known as the “Crypto Tax Fixer,” he has helped thousands of U.S. investors file bulletproof crypto tax returns and defend against IRS scrutiny.🏆 In 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review.Our team specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic strategies✅ Audit-resistant crypto tax preparation📬 Work with us:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list⚠️ NOTICEBeware of scammers in comments or Telegram groups. We will never ask for your personal information on social media.📜 Disclaimer: This video is for educational purposes only. Always consult a licensed tax professional before making financial or tax decisions.#CapitalGainsTax #CryptoTaxes #IRS #Trump #CryptoTaxAuditRelated Search Terms: crypto tax expert, crypto tax consultant, irs crypto audit, cryptocurrency tax reporting, how to file crypto taxes, crypto tax preparation, crypto tax specialist, crypto tax expert near me, crypto tax help usa, cryptotaxaudit

There’s a growing debate over whether America should eliminate the capital gains tax. President Trump and Secretary Lutnick have suggested that tariff revenue, possibly as high as $750 billion, could be used to offset taxes, even reducing them for households under $150,000.

Clinton Donnelly, founder of CryptoTaxAudit, breaks down why capital gains tax reform is being discussed, what it could mean for crypto investors, and whether 0% long-term capital gains is realistic.

💼 What you’ll learn in this video:• Could tariffs replace income and gains taxes?• Why short-term gains can be taxed up to 40%• The case for eliminating long-term capital gains tax• How these ideas could impact crypto traders and investors

Want to make your voice heard?Reach out to your senator or congressman, or send a message through WhiteHouse.gov to share your thoughts.

🔥 Whether you’re a crypto investor, stock trader, or just curious about tax reform, this breakdown is essential.📞 Book a consultation: https://www.cryptotaxaudit.com/crypto-tax-consultation#CapitalGainsTax #CryptoTaxes #IRS #Trump #CryptoTaxAudit

🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, is the founder of CryptoTaxAudit.com, the leading crypto tax and audit defense firm for U.S. taxpayers. Known as the “Crypto Tax Fixer,” he’s helped thousands of investors legally report their crypto holdings and defend against IRS scrutiny.

🏆 Award-Winning ExpertiseIn 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review, recognizing Clinton’s unmatched reputation and legal precision in the crypto tax space. - https://www.financialservicesreview.com/cryptotaxauditCryptoTaxAudit specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic tax strategies✅ Bulletproof crypto tax returns designed to resist audits📬 Work with the CryptoTaxAudit team:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list

▬▬▬▬▬ NOTICE ▬▬▬▬▬⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.

📜 DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.

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Are you struggling to pay your tax bill? The IRS payment plan might be your lifeline, but not everyone qualifies. In this video, Clinton Donnelly, founder of CryptoTaxAudit and known as the “Crypto Tax Fixer,” breaks down how installment agreements really work, who gets approved, and the red flags that lead to denial.

What you’ll learn:- The IRS payment plan rules and time limits- Who qualifies and who gets denied - Options if you owe back taxes and can’t pay in full- Key strategies to avoid penalties and stay compliant

📌 If you owe the IRS, don’t wait. The right strategy could save you thousands 👉 Book a private consultation today: https://www.cryptotaxaudit.com/crypto-tax-consultation

🔗 Official IRS Payment Plan page: https://www.irs.gov/payments/online-payment-agreement-application🔔 Subscribe for expert crypto tax and IRS audit defense insights.

⏱️ Timestamps0:00 – What is an IRS installment agreement?0:28 – What happens if a revenue officer takes your case?1:40 – How long can an IRS installment plan last (72 vs. 84 months)?2:03 – How do you calculate your monthly payment?2:37 – What is the 10-year statute of limitations on IRS debt?3:05 – Can you make extra payments without penalty?4:55 – What mistakes do people make with IRS payment plans?6:05 – If you’re on a plan, can the IRS still seize assets?7:00 – End#IRSPaymentPlan #CryptoTaxes #TaxRelief #IRSHelp #CryptoTaxAudit #TaxDebt #clintondonnelly 🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, is the founder of CryptoTaxAudit.com, the leading crypto tax and audit defense firm for U.S. taxpayers. Known as the “Crypto Tax Fixer,” he’s helped thousands of investors legally report their crypto holdings and defend against IRS scrutiny.

🏆 Award-Winning ExpertiseIn 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review, recognizing Clinton’s unmatched reputation and legal precision in the crypto tax space. - https://www.financialservicesreview.com/cryptotaxaudit

CryptoTaxAudit specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic tax strategies✅ Bulletproof crypto tax returns designed to resist audits📬 Work with the CryptoTaxAudit team:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list

▬▬▬▬▬ NOTICE ▬▬▬▬▬⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.

📜 DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.

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What is IRS Form 1099-DA?It’s the brand-new IRS form for digital assets, arriving in 2026. U.S. crypto exchanges like Coinbase, Robinhood, Kraken, Gemini, and Fidelity will now be required to report your crypto sales, swaps, and even wallet transfers — including the wallet addresses involved.Clinton Donnelly, founder of CryptoTaxAudit and known as the “Crypto Tax Fixer,” breaks down what this means for traders:- Which exchanges will issue Form 1099-DA- What’s being reported (sales, swaps, transfers, wallet addresses)- Why cost basis data won’t be included until later years- How 1099-DA fits into the consolidated 1099 package (INT, DIV, B, DA)- Why IRS visibility of your trading will increase dramaticallyQuick insight: if you’re only trading on U.S. exchanges, the IRS will soon know a lot more about your activity.📝 Read the full blog post:👉 IRS 1099-DA Starts in 2026: How They’ll Track Your Crypto Wallets & Trades (on CryptoTaxAudit.com)🌐 Visit our 1099-DA resource page:👉 https://www.cryptotaxaudit.com/1099📞 Book a crypto tax consultation:👉 https://www.cryptotaxaudit.com/crypto-tax-consultation🔗 Official IRS draft form 1099-DA:https://www.irs.gov/pub/irs-dft/f1099da--dft.pdf

🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, is the founder of CryptoTaxAudit.com, the leading crypto tax and audit defense firm for U.S. taxpayers. Known as the “Crypto Tax Fixer,” he’s helped thousands of investors legally report their crypto holdings and defend against IRS scrutiny.🏆 Award-Winning ExpertiseIn 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review, recognizing Clinton’s unmatched reputation and legal precision in the crypto tax space. - https://www.financialservicesreview.com/cryptotaxauditCryptoTaxAudit specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic tax strategies✅ Bulletproof crypto tax returns designed to resist audits📬 Work with the CryptoTaxAudit team:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list▬▬▬▬▬ NOTICE ▬▬▬▬▬⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.📜 DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.Related Search Terms: irs 1099-DA, irs crypto audit, crypto tax audit, crypto tax expert, 1099 da crypto reporting, cryptocurrency tax consultant, crypto tax preparation, crypto tax california, crypto tax florida, digital asset tax reporting

What happens to your crypto when you die? The IRS has strict rules on inheritance, estate taxes, and the powerful step-up basis that can save heirs from massive capital gains.Clinton Donnelly, founder of CryptoTaxAudit and known as the “Crypto Tax Fixer,” breaks down how the $15 million lifetime exemption, the 40% estate tax rate, and the step-up basis apply to crypto holders in 2025.💼 What you’ll learn in this video:• How the new $15M estate tax exemption (Genius Act 2025) works• Why estates over the limit face a 40% federal tax hit• How step-up basis resets crypto cost basis for heirs — often tax-free• Planning strategies like joint ownership and spousal transfers to reduce taxes• Why poor tax planning leaves average investors vulnerable while the wealthy avoid probateCommon questions traders and investors ask CryptoTaxAudit:• Do heirs pay capital gains when they inherit crypto?No. Inherited crypto receives a step-up in basis, so heirs don’t pay tax on gains until they sell.• What is the difference between estate tax and inheritance tax?Estate tax is paid by the estate before assets are distributed; inheritance tax (in some states) is paid by the person receiving assets.• Does step-up basis apply to Bitcoin and other digital assets?Yes. Crypto is treated like property, so heirs get the fair market value as their new cost basis.• How do joint accounts or spousal ownership protect against probate?Assets held jointly often pass directly to the surviving spouse, bypassing probate and avoiding extra estate tax complications.Whether you’re holding Bitcoin, Ethereum, or altcoins, knowing these inheritance rules could save your family millions.📞 Book your crypto tax consultation today:👉 https://www.cryptotaxaudit.com/crypto-tax-consultation🔗 Official IRS estate & gift tax page: https://www.irs.gov/businesses/small-businesses-self-employed/estate-and-gift-taxes
🎙️ About Clinton DonnellyClinton Donnelly, LLM, EA, is the founder of CryptoTaxAudit.com, the leading crypto tax and audit defense firm for U.S. taxpayers. Known as the “Crypto Tax Fixer,” he’s helped thousands of investors legally report their crypto holdings and defend against IRS scrutiny.🏆 Award-Winning ExpertiseIn 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review, recognizing Clinton’s unmatched reputation and legal precision in the crypto tax space. - https://www.financialservicesreview.com/cryptotaxauditCryptoTaxAudit specializes in:✅ Complex gain calculations and wallet tracking✅ Expat and foreign disclosure compliance✅ IRS audits, defense, and forensic tax strategies✅ Bulletproof crypto tax returns designed to resist audits📬 Work with the CryptoTaxAudit team:👉 https://www.cryptotaxaudit.com/tax-prep-waiting-list▬▬▬▬▬ NOTICE ▬▬▬▬▬⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.📜 DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.Related Search Terms: crypto inheritance tax, crypto estate tax, step up basis crypto, crypto death taxes, bitcoin inheritance tax, crypto taxable events, crypto estate planning, crypto cost basis IRS, crypto probate rules, crypto tax audit

What is FIFO in crypto taxes, and why does the IRS say it matters in 2025?FIFO means “First In, First Out.” When you sell crypto without specifically identifying which units you’re selling, the IRS assumes the first coins you bought are the first ones you sold.

Starting with the 2025 tax year (filed in 2026), the IRS requires cost‑basis methods to be applied on a by‑account (wallet‑by‑wallet) basis. If you don’t (or can’t) provide a specific identification, then FIFO becomes the default inside that account — not across all your wallets and exchanges.

Clinton Donnelly, founder of CryptoTaxAudit, breaks down what this change means, how it impacts your gains, and why relying on software defaults could trigger mistakes.

Traders ask all the time: What’s the difference between a universal basis and a by-account basis?Under the old “universal” approach, you could pool coins from every wallet and exchange, then choose which lots you sold. Under the IRS’s by‑account rule, each exchange or wallet is siloed. If you sell on Coinbase, only your Coinbase lots are considered, even if you had cheaper tokens sitting on other exchanges.

Another common question: Does this rule increase my taxable gains? For many traders and investors, it can. Because you can’t optimize across platforms anymore, FIFO by-account may raise your reported gains, especially if you bought high on one exchange and low on another.

And here’s the big concern: How will my crypto tax software handle this? The IRS issued a transition procedure for 2025 that moves everyone off “universal pooling” and requires cost-basis reporting by account. Many tax programs have historically used a universal basis, so for 2025, you’ll want to review your settings and confirm account-by-account tracking is turned on! Otherwise, you could end up filing incorrectly without realizing it.

💼 What you’ll learn in this video: • Why FIFO is now mandatory for crypto in 2025 • The difference between universal vs. by-account basis • How FIFO affects taxable gains across exchanges • Why software defaults could trigger IRS mismatches

📞 Protect yourself now 👉 Book a consultation 🔗 Helpful IRS resources: • IRS Virtual Currency FAQ 👉 • IRS Form 8949 👉 #CryptoTaxes #IRS #FIFO #CryptoTaxAudit #cryptotrader Related Search Terms: fifo crypto tax, irs fifo rule, fifo crypto reporting, crypto fifo 2025, crypto first in first out, universal vs by account basis crypto, fifo crypto tax software, fifo crypto gains, fifo crypto exchange reporting, fifo crypto irs