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Compass Mining

Bitcoin Mining Tax Strategies 2025 | Year-End Tax Planning for Miners

08 Oct 2025

Description

It’s that time of year — and Bitcoin miners need to plan ahead.In this episode, Compass Mining breaks down the most important Bitcoin mining tax strategies for 2025:• How the IRS treats Bitcoin mining income• Section 179 and bonus depreciation explained• Selling and upgrading miners without tax surprises• Deducting hosting, repairs, shipping, and insurance• Off-grid energy setups and renewable energy credits• Recordkeeping tips and IRS audit red flagsGet practical, CPA-backed insights to make smarter decisions before year-end.Learn more: https://compassmining.io/minebitcoinAbout the Guest:Nick Ward, CPA: Co-founder & Partner at The Network FirmServices: entity setup, tax planning, depreciation strategy, outsourced bookkeepingLearn more: thenetworkfirm.com

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