The Clinton Donnelly Show

2025 is a turning point for crypto taxation — and the reporting net is tightening.

Under the EU MiCA rules and U.S. broker-dealer regulations, exchanges will start sending detailed transaction data, including wallet transfers, to tax authorities.

By 2026, the IRS will receive 1099-DA forms for U.S. taxpayers, making it harder than ever to stay under the radar.In this video, Clinton Donnelly breaks down:- What new IRS & EU repor...

Is this the Golden Age of Crypto?Executive Director of Digital Assets Bo Hines shares his policy recommendations to usher in a new era for digital assets — but what’s actually in the framework, and what does it mean for your taxes?In this video, Clinton Donnelly breaks down the newly released Crypto Framework 2026 and how it could reshape IRS oversight, wallet tracking, and staking rules by 2026.What you’ll learn:• Why the wash sal...

Are crypto gains tax-free in Portugal for U.S. citizens? Not exactly. 🇺🇸🇵🇹In this video, international tax expert Clinton Donnelly explains how U.S. citizens are taxed on their cryptocurrency—even if they live in Portugal under the NHR regime.✅ Learn:- Whether Portugal taxes crypto gains under NHR- Why U.S. citizens still owe tax on global crypto income- How the IRS treats long-term vs. short-term crypto gains- Real examples of...

The IRS is launching 1099-DA forms starting January 2026, and they’re about to change how crypto is reported in the U.S.In this must-watch video, Clinton Donnelly breaks down what the 1099-DA is, how it exposes your wallet addresses, and why failing to act could land you on the IRS’s audit radar. Whether you’re a casual investor or a DeFi power user, you need to understand what’s coming.What you'll learn:- What the IRS 1099-DA ...

Senator Cynthia Lummis just dropped a major crypto tax proposal, which could shake up how the IRS handles staking, lending, tax loss harvesting, and small DeFi transactions.The Digital Asset Tax Fairness Act isn’t law yet, but if passed, it would introduce 6 new rules that every crypto investor needs to understand. Clinton from DROPS breaks down what’s smart in the bill… and what makes zero sense.Key Proposals Covered in This Video...

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🇵🇹 Living in Portugal with crypto?
Talk to Thomas Maas, a trusted Portuguese tax advisor with deep crypto expertise.

🎧 In this episode, Clinton Donnelly of CryptoTaxAudit breaks down what U.S. expats in Portugal need to know about crypto taxes — including IRS reporting, the NHR regime, and why ignoring your U.S. o...

Tax attorney Anthony Parent (aka IRSMedic) joins Clinton Donnelly for a bold and revealing conversation about the IRS, international tax injustice, and why crypto holders should be on high alert.From FBAR penalties to the abusive power of the tax system, this episode is a deep dive into the mechanics of financial control—and how to fight back.🔥 In this episode:- Why Anthony compares the IRS to an abusive spouse- The shocking truth...

Are you worried about a CP2000 letter for your crypto trades? Starting in 2026, the IRS will receive detailed 1099-DA reports from exchanges — and they’re likely to trigger thousands of CP2000 notices.

These reports often show gross proceeds with no cost basis, making it look like you made massive gains even when you didn’t. Clinton Donnelly explains what to expect — and how to protect yourself.

📉 If you don’t respond correctly, yo...

😱 WTF is 1099-DA? This NEW crypto tax form drops in January 2026—and if you miss it, you will get a nastygram from the IRS. Here’s what it means, how it compares to 1099-K & 1099-B, and why your next Coinbase report could trigger an audit.🎯 In this video:- What is IRS Form 1099-DA- Key differences from 1099-B, 1099-K & consolidated 1099s- What happens if you ignore one of these forms- Why missing one box could cost you th...

😱 Is your crypto data safe from the IRS? A Supreme Court case might flip the rules. If you've ever received IRS Letter 6174-A… this affects YOU.In this video, you'll learn:- What the Harper v. IRS case is really about- How John Doe summons pulls your Coinbase data- Why Letter 6174-A might violate your Fourth Amendment rights- What this case means if you’ve traded crypto from 2016–2024-Why the IRS is sending 10,000 letters a month ...

The IRS is watching — and 6174-A is their first move.If you trade crypto and got this letter (or fear one’s coming), you need to understand what it really says — and what the IRS isn’t telling you. In this episode, Clinton Donnelly breaks down:🔍 What You’ll Learn:The true purpose behind IRS Letter 6174-A (hint: scare tactics)- Why calling the number on the letter is a trap- What this letter reveals about your Coinbase/Binance hist...

The IRS isn’t just going after Coinbase and Kraken anymore. DeFi protocols like Uniswap are now in the crosshairs — and the new 1099-DA broker-dealer rules could reshape crypto forever.

In this episode, we break down:

• What Form 1099-DA is — and when it goes live

• Why Coinbase, Kraken, Uphold & Robinhood must comply

• The controversial DeFi broker rule dropped in Dec 2024

• How Uniswap could be forced to KYC its users

• Legal and politic...

What is the greatest misconception US crypto traders have?That you’re only taxed when you cash out to fiat. That’s just wrong.In this video, we break down one of the most misunderstood crypto tax rules in the U.S.:➡️ Every crypto swap, exchange, or stablecoin trade can be a taxable event➡️ The IRS doesn’t care if you cashed out — they care if you gave up ownership➡️ Staking and airdrops are considered income on the day you receive ...

The IRS Has Your Binance Data — Here's What That Means for U.S. Crypto TradersIf you traded on Binance International, you might think the IRS doesn’t know. But they do now. Following a major settlement with Binance, the IRS has gained access to a treasure trove of account data — and they're connecting the dots fast.🚨 In this video, Clinton explains:How the IRS links anonymous Binance accounts to U.S. taxpayersWhy your wallet-to-Co...

A lot of crypto traders think they’re in the clear if they’re using foreign exchanges like Binance International, KuCoin, MEXC, Bitget, or OKX.Here’s the truth:✅ As a U.S. taxpayer, you’re taxed on your worldwide income🚫 These exchanges don’t issue 1099s — but you’re still legally required to report💸 Capital gains, staking rewards, airdrops — all taxable🔍 The IRS may not know right now, but an audit will uncover the gaps📄 Missi...

Congress is proposing a bold new savings plan: the MAGA Account (Money Account for Growth and Advancement). It could allow you to contribute $50,000 tax-free to a child’s future — for school, a home, or even launching a business.But here’s the fine print...It could apply retroactively to 2025 — but expires after 2028.It doesn’t require a parent-child relationship.And it’s already raising eyebrows during election season.In this vide...

The House just unveiled a new GOP tax bill — and it’s making waves.Trump’s 2017 tax cuts may become permanent, but this bill has major implications for who benefits… and who gets left out.In this video, Clinton Donnelly breaks down what’s inside the bill, what’s missing, and how it impacts:✅ Small business owners (QBI deduction bumped to 22%)✅ High-net-worth families (gift/estate exemption raised to $15M)✅ Families claiming the chi...

Crypto traders and investors — the IRS is watching. 🚨 Letters 6173, 6174, and 6174-A are hitting mailboxes right now.These letters are 100% real — NOT phishing scams.The IRS has been sending them since 2019, and in 2025 they’ve ramped up big time, sending out tens of thousands every month.👉 Don’t wait — get your FREE letter review today:https://www.cryptotaxaudit.com/audit-letter-review🚨 Thousands of crypto traders are receiving...

Save on Crypto Taxes by Gifting to Charity — But Here’s the Trap If You Gift to Friends 😳Looking to reduce your crypto tax bill in 2025? 🧾 Gifting cryptocurrency can be a decisive move — but only if you do it the right way.In this video, Clinton Donnelly breaks down:✅ How donating crypto directly to a charity avoids capital gains tax⚠️ Why gifting to friends passes along your cost basis (and a surprise tax bill)🧠 The rules aroun...