cover of episode CD147: TAX PLANNING AND NEW IRS RULE WITH SATOSHI PACIOLI

CD147: TAX PLANNING AND NEW IRS RULE WITH SATOSHI PACIOLI

2024/12/31
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Satoshi Pacioli is a leading bitcoin focused accounting firm based at Bitcoin Park in Nashville. They discuss the recent IRS rule changes and their best interpretation of how to proceed going forward.**Satoshi Pacioli on Nostr: **https://primal.net/p/npub1drlw0wmu9tq37usx4qt3u6u4zj44mrf3zsfa6xhcdyrh3n4wpmgqr4rfg0) Website: https://satoshipacioli.com/) *EPISODE: 147BLOCK: 877102PRICE: 1060 sats per dollar***support dispatch: https://citadeldispatch.com/donate) **nostr live chat: https://citadeldispatch.com/stream) odell nostr account: https://primal.net/odell)dispatch nostr account: https://primal.net/citadel)youtube: https://www.youtube.com/@CitadelDispatch) podcast: https://serve.podhome.fm/CitadelDispatch) stream sats to the show: https://www.fountain.fm/) join the chat: https://citadeldispatch.com/chat)learn more about me: https://odell.xyz) (00:00:38) Introduction - No More Intro Clips

(00:02:06) Bitcoin Tax Discussion with Experts

(00:03:06) Understanding the Safe Harbor Provision

(00:09:53) Practical Scenarios for Bitcoin Holders

(00:28:00) IRS Reporting and Future Changes

(00:36:07) Conspiracy Theories and Custodial Pressure

(00:43:08) IRS Broker Rule and Legal Challenges

(00:52:03) Choosing HIFO and Tax Strategies

(01:00:05) IRS Compliance and Reporting Details

(01:07:01) Final Thoughts and Wrap-Up