The government tracks crypto transactions, this is what it means for your taxes - David Spencer

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The government tracks crypto transactions, this is what it means for your taxes - David Spencer

Watch Kitco NEWS Video: The government tracks crypto transactions, this is what it means for your taxes - David Spencer.
David Spencer, Owner of DKS Tax and Consulting, joins Ernest Hoffman, Reporter at Kitco News, to discuss crypto tax, how individuals can defray their taxes, and how the government can track your crypto transactions.

Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)

0:00 - Penalties for not paying taxes
1:10 - Crypto's treatment in tax
3:01 - Crypto bull vs. bear markets
4:22 - Individual crypto holdings
5:26 - Crypto legislation

#crypto #tax #blockchain
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