The IRS is Coming for Crypto: Coinbase’s VP of Tax Explains What Happens Next
MAR 20, 202635 MIN
The IRS is Coming for Crypto: Coinbase’s VP of Tax Explains What Happens Next
MAR 20, 202635 MIN
Description
Blake sits down with Lawrence Zlatkin, VP of Tax at Coinbase, to unpack the state of crypto taxation. From how the IRS treats digital assets as property to the new 1099-DA, stablecoin reporting burdens, and the policy changes Coinbase is pushing for in Washington, this episode covers what tax pros need to know now and where the rules may be headed next.Chapters(00:00) - EAP 111
(02:11) - What is Form 1099-DA
(03:08) - Reconciling 1099 data
(03:53) - Why cost basis matters
(08:29) - IRS use of gross proceeds
(12:44) - Crypto tax basics
(14:07) - Staking and 1099-MISC
(15:36) - Stablecoins as property
(17:43) - Reporting thresholds and privacy
(22:42) - Policy priorities in DC
(23:47) - De minimis and admin burden
(28:34) - Charity and appraisal rules
(30:15) - Foreign investment safe harbors
(32:20) - Why Congress moves slowly
(34:56) - Wrap-up and thanks
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