Crypto 101 Pay less tax – Cryptocurrency accounting methods. FIFO, LIFO, HIFO. Capital gains tax.


Cryptocurrency tax saving accounting methods. FIFO, LIFO, HIFO
Pay less Crypto capital gains tax.
Cryptocurrency taxes, Crypto Accounting methods explained.
Crypto FIFO – First in First Out
Crypto LIFO – Last in First Out
Crypto HIFO – Highest in First out
Crypto 101 – Cryptocurrency accounting methods. FIFO, LIFO, HIFO. Save money on capital gains.

Cryptocurrency trading Video Log:
00:01 Crypto explained
00:35 Cryptocurrency and the IRS
01:02 Crypto examples FIFO
01:49 Cryptocurrency capital gains
02:11 Cryptocurrency example of FIFO
02:52 crypto Last in First Out
03:13 Crypto LIFO method
03:33 When to use LIFO
04:00 HIFO Highest in First Out
04:25 Crypto method to save money
05:06 Tax forms crypto 1099-b, 1099b
05:47 short-term, long-term capital gains
06:26 Cryptocurrency accounting methods
06:40 Cryptocurrency common questions
07:05 Cryptocurrency overview of methods
07:50 Crypto end screen and thank you

#Katie_St_Ores #tax #business #Crypto
Other YouTube Videos:
Cryptocurrency Taxes – https://youtu.be/j7v7YWOclhg
Crypto 101 https://youtu.be/CiwhrvdQRTA
Crypto taxes explained – https://youtu.be/S3kWKL_V5Vw
Crypto taxes explained for beginners.
—-Crypto YouTube ‘Shorts’ videos on the way:
Crypto taxes 101:
1040 https://youtube.com/shorts/M6TzmfnrZ4U?feature=share
Crypto taxes 2021:
1099K – https://youtube.com/shorts/ZomVLcoq3Gc?feature=share
Crypto taxes 2022:
1099 Misc – https://youtube.com/shorts/JKVnSojSHrc?feature=share
1099B – https://youtube.com/shorts/ScOpXJEuLi4?feature=share
Crypto Taxes:
Schedule 1 – https://youtube.com/shorts/521CPr2bhl0?feature=share

Please understand that these videos are for EDUCATIONAL purposes only and are very general. All people and their financial situations are different. So, it is important to consult your own financial professional.
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Katie St Ores CFP®, ChFC®, EA, LTC
Financial Advisor, Tax Consultant
St. Ores Wealth Management
Virtual – Serving all States
Offices in McMinnville Oregon 97128

2022, 2021, 2020 Women’s Initiative (WIN) CFP® Board
2022, 2021, 2020 Financial Women to Watch on YouTube

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