Blockchain Pro

How to do Your DeFi Taxes | Defi Taxes Explained

How to do Your DeFi Taxes | Defi Taxes Explained

You still need to report your crypto activity on your taxes even if you used a decentralized exchange. The IRS can still find your activity! Here are all the tips you need to know to keep the IRS out of your wallet.

Defeat your crypto taxes this year:

Crypto Tax Guide:
https://bit.ly/3VWeWiy

NFT Tax Guide:
https://bit.ly/3GVMJ7z

How to do your Coinbase Taxes

How to do your Binance Taxes

➡️Website: https://gordonlawltd.com/
➡️Blog: https://gordonlawltd.com/blog/

00:00 Introduction
00:18 DeFi and the IRS
01:09 Crypto Loans
01:37 Taxes for Lenders
01:58 Taxes on Liquidation
02:34 Governance Tokens
02:50 Wrapping Coins
03:04 Liquidity Pools
03:26 Protocol Tokens
03:49 Yield Farming
04:05 What If You Don’t Report?
04:43 Contact Us!

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The information contained in this video, as well as any linked articles, videos, or posts, is intended for general informational and educational purposes only. This information is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Viewers should not rely upon any information contained within for legal advice, and should seek legal advice before taking any action with respect to the matters discussed herein.

Commenting or interacting with this video does not create an attorney-client relationship. Messages or other forms of communication that you transmit to Gordon Law Group will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged or confidential.

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{date}:2023-03-06 17:26:19

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