Gordon Law Group | Crypto Tax Lawyer
@gordonlawltd
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Lawyers for Tax, Crypto, Startups, Ecommerce, Small Business Content is not legal advice. Schedule your crypto tax consult:
Skokie, IL
Joined November 2012
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Tax season is here, and it's time to ensure you're not overpaying Uncle Sam.
Dive into our Crypto Tax Guide below👇
We simplify all your crypto tax queries, making it easy to navigate the complexities of crypto taxation.
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BREAKING: Gordon Law Group will lead the defense of
@officialmcafee
against the charges he is facing in Tennessee and New York.
#cryptocurrency
#johnmcafee
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Congrats to our client
@jenkinsthevalet
on this historic deal! It's amazing to see what new things the
#crypto
and
#NFT
space can come up with constantly. via
@forbes
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Are you as excited for
#TheNFTTaxGuide
as we are? We're hosting a variety of Twitter Spaces over the next few weeks to dive into the NFT tax world and answer all your questions.
Make sure to send in all your questions using
#TheNFTTaxGuide
so that we can easily see them!
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Someone recently asked us to promote their project in exchange for crypto—& assured us the payment would be confidential. We practice
#FTC
law & thought this would be a good reminder that this practice is unlawful! 🧵 (1/4)
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📅 Only 23 days left to lower your tax bill for 2021! Tax loss harvesting is a strategy that crypto investors can use right now & have a big impact. Join
#TheNFTTaxGuide
crew LIVE tomorrow on
@thenftattorney
's page to learn more!
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We regret to confirm that John McAfee
@officialmcafee
passed away today. His loss will be felt deeply in the cryptocurrency community and beyond.
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34
Seeing the news about
@stoolpresidente
buying back
@barstoolsports
takes us back to when we helped
@H3CZ
buy back
@OpTic
!
#GreenWall
forever✊
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We're
#hiring
, come work with us! We're growing fast and looking for passionate individuals to take on roles across multiple departments.
Visit our LinkedIn page to see if any of these new roles fit you!
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We’re so excited to announce
@ZenLedgerIO
as the OFFICIAL Tax Software Partner of
#TheNFTTaxGuide
! We’re even more excited for anyone who buys our NFT since they’ll get FREE access to their software!
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We're so excited to announce that we're official sponsors of
@TheBitcoinConf
! We hope to see you in Miami next April!
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(1/2) The IRS just released 2 new memos on crypto tax.
-Donated crypto over $5K must be professionally appraised in order to take a deduction.
-Examining deductions for losses on "worthless" or abandoned crypto.
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🎉Want to work in digital assets / crypto / web3? 👇👇
Gordon Law Group, Ltd. Is hiring entry level attorneys and accountants for our fast 🚀growing crypto tax practice. Comment below or message me with your background in crypto!
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Our new office is finally set up! A special thank you to everyone who made this possible.
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⚠️More regulation is coming to crypto⚠️
After
#Celsius
,
#Voyager
, and now
#FTX
, proof of reserves may be what prevents other exchanges from failing.
@accounting
and
@getaurox
's Giorgi Khazaradze
break it down.👇
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My OG Azuki chilling w my elemental
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Great show by
@CryptoWendyO
covering how to avoid crypto tax problems! Thanks for having us on. Watch the replay here:
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4
22
Absolutely incredible video interview with
@Chilearmy123
@niftyportal
It's never too late to learn about tax-loss harvesting and how it can help you in the future.
Thanks for including
@accounting
!
How to LEGALLY Avoid Crypto Taxes in 2023 ft.
@Accounting
Time stamps:
00:00:00 - 00:27 Intro
00:00:28 - 00:52 Andrew Gordon Introduction
00:01:14 - 00:02:18 Tips and tricks for people that are unaware of the Tax Liabilities
00:02:18 - 00:02:38 Tax Loss Harvesting
00:02:38 -
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Gordon Law Group, Ltd. has joined the metaverse! Our new ETH domain is GordonLaw.eth and we will be linking it to our wallet holding client NFTs. We have digital screens in our office which will be displaying the NFTs. Check back soon!
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This is HUGE: The IRS just released the first draft of Form 1099-DA, the first tax form designed specifically for crypto. Stay tuned for updates!
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23
Huge IRS announcement about the ETH Merge📢
According to informal guidance released by the IRS today, the conversion of a consensus mechanism from PoW to PoS does not incur tax liabilities for holders of the blockchain's native token.
The Merge was NOT taxable!🎉
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Contracts and legal reviews can help protect
#influencers
from FTC lawsuits. Reach out if you're interested! (4/4)
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It's considered unfair & deceptive marketing to promote a product without disclosing that you received material compensation (cash,
#crypto
, gifts, etc) in exchange. (2/4)
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Can I claim FTX, Celsius, Voyager, or BlockFi losses on my taxes? 🤔
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His story needs to be told
@nbcchicago
@NBCNews
@FoxNews
@abcnews
@ABC7Chicago
@cbschicago
@cnnbrk
@CNN
@nytimes
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1/ “If we gathered all 100 senators in this chamber and we asked them to stand up and articulate two sentences what in the hell a cryptocurrency is, you would not get greater than five that could answer that question.”
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Without web3, I wouldn't have this view every day.
You have to be present to gain success.🙏
Never stop. 💪💯
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@thenftattorney
Happy to chat! We’ve been testing crypto tax software for months for NFTs. Check out
@ZenLedgerIO
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Bitcoin ordinals - an exciting new way to make your accountant cry👍
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The SEC has ordered crypto startup Bloom Protocol to register its tokens as securities or face a $31 million fine. The SEC issued a cease-and-desist order on Tuesday. 👇 Let's dive in 👇🧵
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The Annual Gordon Law Scholarship is back! This year we are asking students to write their best 1,500 word essay on the hot topic of
#esports
law by 9/30/19. Check out the details on our website for an opportunity to win a $1000
#scholarship
!
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Gm to everyone still here in the web3 space 🫡
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We want to do some weekly crypto tax spaces leading up to April. Who are some crypto tax pros you want to hear from?
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Do I need to report crypto on my taxes? 🤔
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⏰ ALERT: Crypto Tax Waitlist!
Do you find yourself reaching out for tax help at the last minute?
Get ahead of it this year and avoid unwanted stress.
Join our waitlist and ensure your taxes are set by April 15th, 2024. 👇
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Congratulations to both Andrew Gordon and Michael Brandwein for their remarkable achievement of being named SuperLawyers Rising Stars of 2024! 🎉
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Name something you hate more than crypto taxes
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The April tax deadline is approaching fast. To help taxpayers this season, we are hosting weekly crypto tax spaces! This week we are answering all your crypto tax questions. Make sure to tune in!
@accounting
@accointing
@CryptoTaxGirl
@TaxingCrypto
1
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October has arrived, signaling the year's end.
Feels like the bear market lasted an eternity, doesn't it?
But there's still a tax tactic to counterbalance your bull market profits:
Enter Tax Loss Harvesting! 🍂📉
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There's no IRS guidance on gas fees. Our general interpretation (NOT legal or tax advice; ask a pro for your specific situation):
1. For purchases, gas can be added to cost basis
2. For sales, gas can be subtracted from sales proceeds
Let's talk gas fees! Can you deduct them? What if you're paying gas for a free item?
#TheNFTTaxGuide
team is here to answer your questions!
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NFTs might be down, but at least we can tax-loss harvest!
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The FTC can issue huge fines for these types of violations. They can even seize control of your business & its funds. So, any influencers out there—in the
#cryptocurrency
space or any other industry—make sure you're promoting responsibly! (3/4)
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Highlights of the bill:
-Capital gains under $200 are non-taxable IF the transactions are purchase of goods and services.
-Mining & staking rewards wouldn't be taxed until they're sold/disposed of.
-Most crypto regulation would fall under the CFTC.
BREAKING: U.S. Senator Cynthia Lummis has officially introduced her
#Bitcoin
and crypto bill 🇺🇸
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2K
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Tax-loss harvesting is the best way to take advantage of your losses in the bear market!
Join us and
@unsellablenfts
as we break down some strategies for NFT creators.
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Hate to be this guy, BUT...
If you're getting an
#Arbitrum
token airdrop today, be aware that it's a taxable event. 😬
Airdrops are considered ordinary income and are taxable at the time of receipt
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Coinbase is now worth more than Goldman Sachs, who called
#bitcoin
"not an asset class" last year.
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Let's see it do crypto taxes 😏
OpenAI just ended their GPT-4 announcement livestream
By preparing someone's taxes
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It's a great time to buy
#TheNFTTaxGuide
for 0.08 ETH!
@ZenLedgerIO
Executive tax software included 🔥
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As the tax deadline approaches, we've been actively sharing tax-related information designed to help taxpayers on Twitter Spaces.
In case you've missed any, we have compiled a collection of them for you below 👇
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Our very own Andrew Gordon (
@accounting
) sat down with SEC commissioner
@HesterPeirce
Here are his key takeaways straight off the interview
👇📽️
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The IRS: "The October tax extension deadline is just around the corner!"
Accountants:
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How it feels to be a reply guy on Twitter
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🎉Exciting news!🎉
@accounting
will be taking the stage to speak at NFT NYC.
#NFTNYC2023
#NFTCommunity
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@Gemini
going with the king
@officialmcafee
. He had so much knowledge to share with the world.
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@michaela_nft
The guys at
@dGenNetwork
@KyleRiggins
@JWeb777
@ChrisJourdan
@NFTbark
plus
@Sanza_eth
@shotguncaio
and can't leave out
@WCTNoah
and
@TheAquariumWCT
finally, anything crypto law turn to
@DeFiDefenseLaw
with
@RugRadio
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