Dr. Friday 0:00
Good day. I’m Dr. Friday. President of the Dr. Friday Tax and Financial firm. To get more info go to www.drfriday.com. This is a one-minute moment.
Dr. Friday 0:12
Let’s talk about crypto, staking ,mining, holding, loaning. There are so many different ways that you can actually make money with crypto and also lose money with crypto and then reporting that on your taxes. Yes, every time you have a transaction going from one type of cryptocurrency to another one type of mining to another holding loaning if you’re loaning guess what the money you’re being paid is interest. It needs to be reported. Don’t try to think you’re going to outsmart the IRS. You know, because in my opinion, I like to sleep really good at night. So if you’re dealing with cryptocurrency, why don’t you give me a call.
Announcer 0:51
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 pm to 3 pm right here on 99.7 WTN.