{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Measuring Post","title":"Defying Tax - Janna Scott on The Measuring Post","html":"","width":"100%","height":180,"duration":2395,"description":"Janna Scott didn't set out to build a software company. She set out to answer a simple question her clients kept asking: are my crypto taxes accurate?\nSo she ran an experiment. She took one wallet with 350 clean, simple transactions — straight buys, sells, and conversions — and ran it through every major crypto tax product on the market. Fourteen products. Some of them backed by multi-billion dollar companies. Two of them under contract with the IRS itself.\nShe got fourteen different answers. Some differed by tens of thousands of dollars.\nNine months of forensic accounting later, Janna had a full breakdown of why every product was wrong, where the math broke, and how the algorithms were quietly allowing users to commit accidental fraud. She offered her research to all fourteen companies for free. They all said no. One tried to sell her the product on the call. Then in September 2023, every one of them quietly changed their calculations without telling a single user who had already filed.\nJanna and Joe got into the John Doe letters the IRS has been quietly sending out since 2021, the $147 billion in crypto capital gains the IRS has on its radar, the absurd \"shareholders\" example where one exchange and two crypto tax products it part-owns all spit out three different numbers from the same data, and what DeFi Tax does differently — pulling directly from the blockchain with no edit options, building an audit trail that holds up in front of the IRS, and adding tax strategy on top of compliance.\n#FourteenAnswers #CryptoTaxes #DeFiTax #JohnDoeLetters #BlockchainAudit #themeasuringpost","thumbnail_url":"https://img.transistorcdn.com/bQ70MslZqbpcIQsHhhsZfkHBjYAV0hEDTIeA_Y6ROhw/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lYTli/ZTRkNWI0OGM1Njc1/MzAwNGEzMWY1ZDQ3/Yzc0YS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}