EP 756 - Urgent Crypto Tax Updates with Clinton Donnelly

The Bad Crypto Podcast

Joel Comm and Travis Wright

Tech News, Business, News, Technology, Investing

4.7 • 1.2K Ratings

🗓️ 18 December 2024

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

We interrupt this crypto broadcast for an urgent message for US citizens. Many of you are not aware of new crypto tax regulation that goes into effect for 2025, and that if you don’t take action before this year is over you may be subject to surprise taxes in the future!

Fortunately, our favorite crypto CPA, Clinton Donnelly, is onhand to explain everything you need to know and what you need to do right away to protect yourself.

Taxes ain’t fun, but it’s a part of life. And as long as we are living and you are living, let’s do life together on this episode #756 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/756

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DISCLAIMER:

Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

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Transcript

Click on a timestamp to play from that location

0:00.0	Do do do do do do do we interrupt this crypto broadcast for an urgent message for U.S. citizens.
0:07.6	Many of you are not aware of new crypto text regulations that go into effect for 2025.
0:12.8	And if you don't take action before this year is over, you may be subject to surprise taxes in the future.
0:19.0	Wow, that's not good news.
0:20.7	Fortunately, our favorite crypto CPA, Clinton Donnelly, is on hand to explain everything
0:25.3	you need to know and what you need to do right away to protect yourself.
0:29.6	Taxes ain't fun, but it's part of life.
0:31.8	And as long as we're living and you're living, let's do life together on our episode number
0:36.9	756 of the Bad Crypto podcast. Who's bad?
1:21.7	Welcome to all of our friends around the world, whether you are a U.S. citizen or a citizen of elsewhere, saying elsewhere, you are a citizen of the Republic of Bad Cryptopia.
1:27.5	We have issued you an imaginary passport, and we're glad that you're here.
1:30.5	Absolutely.
1:32.1	You're our favorite people that are here.
1:34.2	The ones that aren't here that didn't tune in?
1:35.6	We don't like them as much. But if you're listening to this, this means that the universe is about to bless you with
1:41.2	amazing prosperity and will help you save money on your taxes with crypto. So you are in the
1:48.4	right place at the right time. We really will. This is important and I'm surprised how few people,
1:54.3	I sent a message to a group of friends that, guys that I'm connected with here in Puerto Rico.
1:59.9	And they're like, what? What is this?
2:01.3	How come we didn't hear about this?
2:02.6	And your CPAs probably don't know, but it doesn't matter.
2:05.6	It's the law.
	...

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