Crypto Tax Updates for 2025 You NEED To Know!

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With the price of Bitcoin rising above $100,000 in late 2024, there has been a tremendous amount of interest in the crypto market recently. Many savvy investors have made a fortune on their Bitcoin and other cryptocurrency investments. However, if you don’t know how to do your crypto taxes correctly, you could get into trouble with the IRS.

In this video, tax expert Karlton Dennis breaks down everything that cryptocurrency investors need to know about crypto taxes. He covers the kinds of taxes crypto investors may be subject to, the tax rules for various types of crypto earnings, and more. Also, he explains key updates for 2025.

If you are someone who has made money investing in cryptocurrencies lately, then it is critical to be aware of all of the key tax rules related to cryptos. It is also important to know what rules could change during the Trump presidency. This video can potentially help anyone who wants to learn more about crypto taxes.

CHAPTERS:
0:00 Intro
0:30 Capital Gains Tax Rates for Crypto
0:46 Taxable Crypto Events
2:47 Do You Actually Have to Pay Crypto Taxes?
3:59 What Changes Are Coming to Crypto Taxes in 2025?
5:16 Crypto Tax Changes That MIGHT Happen in 2025
7:15 Preparing Your Crypto Taxes
8:57 Subscriber Question!
10:24 Outro

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#cryptotaxes #trumpcrypto #bitcoinnews