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Crypto taxes, DOGE, Trump and avoiding an IRS audit: Taxbit exec spills the tea

cryptoweekly by cryptoweekly
March 5, 2025
in bitcoin, News
0

Spring is almost here, which means it’s time for crypto investors to pay the piper — the IRS. Taxbit’s Miles Fuller tells The Agenda how Trump and DOGE are shaking up regulation.

For US citizens, tax season has arrived, and for crypto investors, this process entails checking multiple exchanges, wallets, decentralized exchanges and more to organize heaps of data and attempt to comply with Internal Revenue Service (IRS) crypto tax policies, which shift like grains of sand in a desert.

Although President Donald Trump’s administration has proven itself to be dedicated to pro-crypto regulatory reform — and there are even rumors that capital gains taxes could be canceled for Bitcoin (BTC) and some US-based cryptocurrencies — legislative proposals and the actual transformation of policy ideas to law take time. This means US crypto investors are still on the hook for filing their taxes in 2025, just as they have in previous years.

 On Episode 56 of The Agenda podcast, hosts Ray Salmond and Jonathan DeYoung spoke with Taxbit’s director of government solutions, Miles Fuller, to explore the complex world of crypto taxes along with the evolving regulatory landscape under the Trump administration and Elon Musk’s Department of Government Efficiency, aka DOGE. 

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