Kirk Phillips

Kirk Phillips

Kirk Phillips is founder of cryptobullseye.zone an education site with crypto crash courses and mastermind coaching for learning mistake-free crypto. He is an entrepreneur, Certified Public Accountant (CPA) and author of "The Crypto Tax Blueprint: How To Avoid Expensive Crypto Tax Mistakes & Audit-Proof Your Tax Return" and "The Ultimate Bitcoin Business Guide.” He’s a member of the AICPA Digital Asset & Virtual Currency Task Force, regularly speaks and educates CPAs and attorneys about crypto and blockchain and works on numerous other initiatives in the digital asset space.

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The U.S. Internal Revenue Service has been poised to propose major tax rules for crypto. (Jesse Hamilton/CoinDesk)
The IRS Is Making Crypto Compliance Impossible
The 6045 digital asset broker regulations are likely to greatly increase the cost of filing your crypto taxes, says Kirk David Phillips, CPA.
The U.S. Internal Revenue Service has been poised to propose major tax rules for crypto. (Jesse Hamilton/CoinDesk)
(Dimitri Karastelev/Unsplash, modified by CoinDesk)
New 1099-DA Reporting Creates More Headaches for Taxpayers
You might think new tax reporting rules for exchanges should mean less work for the taxpayer, but it’s the opposite, says CPA Kirk Phillips.
(Dimitri Karastelev/Unsplash, modified by CoinDesk)
George Baxter, 1843 - The Wreck of the Reliance (George Baxter/Art Institute of Chicago)
How to Avoid Getting Rekt by Crypto Taxes
Tax guidance lags innovation. So does tax software. Meanwhile, misconceptions abound. If not careful, investors can end up owing more tax than expected and having to unload cr...
George Baxter, 1843 - The Wreck of the Reliance (George Baxter/Art Institute of Chicago)
IRS form 1040, modified by CoinDesk using PhotoMosh
Crypto Taxes: Still Confused After All These Years
Many tax professionals claim the recent guidance didn’t provide much clarity and created more confusion than it dispelled.
IRS form 1040, modified by CoinDesk using PhotoMosh
Libra_banknotes_Facebook_Shutterstock
Billion-Dollar Returns: The Upside of Facebook's Libra Cryptocurrency
If Libra achieves even modest adoption, the payoff for Facebook and its partners could be in the billions.
Libra_banknotes_Facebook_Shutterstock
tax, calendar
What If You Can't Pay Taxes on Your Crypto Gains?
Crypto holders willing to take a risk can file an extension, pay their taxes in installments with penalties and interest, and possibly come out ahead.
tax, calendar