Unchained

Andrew Gordon, crypto tax attorney and CPA, joins TFTC to break down the IRS's aggressive new audit tactics targeting Bitcoin holders. We discuss the dangerous two-page audit survey requiring perjury declarations, the 1099-DA cost basis reporting nightmare, and why crypto audits are increasing despite political promises. Gordon explains compliance traps, privacy risks for self-custody users, and urgent legislative fixes needed including de minimis exemptions and voluntary disclosure programs. Essential listening for anyone navigating Bitcoin taxes before April 15th. STACK SATS hat: https://tftcmerch.io/ Our newsletter: https://www.tftc.io/bitcoin-brief/ TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/ Discord: https://discord.gg/VJ2dABShBz Opportunity Cost Extension: https://www.opportunitycost.app/ Andrew on X: https://x.com/accounting Gordon Law: https://gordonlaw.com/ Bitkey https://bitkey.world/ Bitcoin 2026 - Las Vegas http://bit.ly/3NA9xQh OPNEXT https://tinyurl.com/tftc2026 Unchained https://unchained.com/tftc/ Salt of the Earth: https://drinksote.com/tftc 0:00 - Intro 0:44 - New IRS form 6:06 - First move when audited 8:09 - Increase in audits 10:14 - Problem of cost basis zero 18:59 - Capitol Hill advocacy 23:07 - Recommended changes for IRS 26:35 - Compliance trap example 31:44 - Audit duration 37:16 - What triggers an audit 40:27 - Advice for listeners 43:53 - How to help with policy Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/ 16#46 - VEGAS26 & OPNEXT 29#29 - Bitkey & Unchained