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r/BitcoinSee Post

MSTR in a ROTH IRA for BTC exposure

r/CryptoMoonShotsSee Post

Simba Token on Sui

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Simba token [Possible 1000x] Meme Cat on Sui Network

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$MIKI Token | Just Launched | Strong Community | Huge Marketing Budget

r/CryptoMoonShotsSee Post

Mickey Musk | Launching Today | Massive marketing push | KYC'ed and Audited | Huge Potential

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$BabyDragon | BSC | Strong Team | Unique Tokenomics | Don't Miss It | Check them out now

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$BabyDragon | BSC | Strong Team & Holders | Unique Tokenomics | Don't Miss It | Check them out now!

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Grok Kitty fair launch starting in a few hours on PinkSale

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$Banana New king meme x10000 - 2024

r/SatoshiStreetBetsSee Post

With memecoin season coming back , I am here to shill $DAWG

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AutoTechFortune | CityofHeroes Registration

r/BitcoinSee Post

Is this a Bitcoin error on a store register?

r/CryptoMoonShotsSee Post

BabyBonk | All set for moon | Lp Locked | Renounced |Community Token

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TIA-DAO | Uniswap Listing at 18pm UTC | Massive Partners | Huge Marketing | Zero TAX

r/CryptoMoonShotsSee Post

Groki is One of The Safest and Most Creative Communities. See for Yourself. GROKI launched slightly over a week ago

r/CryptoMoonShotsSee Post

Baby Grok | Next big thing in Decentralized space | Community Driven | Audited | Listed on 5 Exchanges | Top 5 exchange will list them !!!!100M Loading

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EAFC24Token $EAFC24 | First ever #EAFC24 Bettting platform | Early Gem x1000 | Audited, Trusted Devs and Team

r/BitcoinSee Post

OH CANADA!!

r/CryptoMoonShotsSee Post

DumbMoney $GME | The people's coin | No Dev | No Tax | 100% Community Driven

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Baby Grok | Next big thing in Defi space | Audited by 4Firms | Listed on Bitmart | The Future of DeFi!

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Baby Grok | Next big thing in Decentralized space | Community Driven | Audited | Listed on Bitmart

r/CryptoMoonShotsSee Post

Baby Grok | Next big thing in Decentralized space | Community Driven

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GrokBot | AI Bot live on Telegram | Presale is live now | KYC'ed and Audited | Tier 1 Marketing Team

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Changpeng Zhao $CZ | Backed by Big influencers | LP Burned 0% Tax | 100% Community Driven

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Changpeng Zhao $CZ | 100% Community Driven LP Burned 0% Tax | Backed by Big influencers

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Changpeng Zhao $CZ | 100% Community Driven LP Burned 0% Tax | Backed by Big influencers

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GROQ | Missed out on GROK? Here is your chance to buy GROQ! 0/0 Tax | LP locked | Ath Coming !!!

r/CryptoMoonShotsSee Post

PropheX AI | Trading Bot Fair Launch Live on PinkSale Now | $ProX is 100x Potential | AI is the Future

r/CryptoMoonShotsSee Post

The Resilience of a Crypto Community: A Tale of $CZ — Changpeng Zhao - 100% Community Driven LP BURNT 0 TAX

r/CryptoMoonShotsSee Post

Grok GROK Launch on Pancakeswap at 12:00 UTC, November 20

r/CryptoMoonShotsSee Post

KIZUNA: An Intro into Decentralized AI - Born from the Vision of Ryoshi using Bittensor

r/CryptoMoonShotsSee Post

Magic-BOT - 185 ETH filled - Solid Team, Big Marketing

r/CryptoMoonShotsSee Post

Introducing Element Token

r/CryptoMoonShotsSee Post

HarryPotterWojakSonic69420Inu $BTC: The Enchanting Dance of Memes and Magic in Cryptoverse

r/CryptoMoonShotsSee Post

Shadow Wizard Money Gang | $GANG (OG Meme) | LP burnt | 0/0 TAX | Renounced

r/CryptoMoonShotsSee Post

AutoTechFortune $ATF - BSC

r/CryptoMoonShotsSee Post

We Are Thrilled To Announce To Our Esteemed Redditors The Latest Project That’s Set To Disrupt The Industry : Dumb Internet Money

r/CryptoMoonShotsSee Post

zkNode | FairLaunch Friday 6th, 8 PM UTC ! | 500~1000 Initial Liquidity! | Token minted from Unicrypt, no owner or mint functions | No team tokens | 0%/0% TAX

r/CryptoMoonShotsSee Post

Payday BSC - New Meta In BSC Strong Community

r/CryptoMoonShotsSee Post

Doge Money | Hottest memecoin on Binance Smart Chain | Success based on strong growth with a TAX mechanism | Currently at 143k Mc

r/CryptoMoonShotsSee Post

Curvy Inu

r/CryptoMoonShotsSee Post

Mira | Unlock Investment Potential | Your #AI Analyst | Presale will live on 10Sepetember on Pinksale

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Stratton Token | 1.3K MC | Low Marketcap | 100x Potential Coin | 10% Tax hype with 4% Acquiring Real Gold

r/CryptoMoonShotsSee Post

BabyPepeERC20 can't wait to meet #BabyDoge and #BabyShib

r/SatoshiStreetBetsSee Post

Prepare for the battle of the century between 2 tech billionaires ELON vs MARK, join EVSM and bet.

r/CryptoMoonShotsSee Post

Ryan (라이언) | Inspired by the iconic South Korean Character | Don't miss out on this gem!

r/CryptoMoonShotsSee Post

The $x project - Inspired by the visionary entrepreneur, elon musk!

r/CryptoMoonShotsSee Post

Don Pepe Coin | Where Memes Meet Mobsters | Presale starts on Thursday at 17:30UTC

r/CryptoMoonShotsSee Post

Spice Coin ($SPC) Is A Farming-Related Decentralised Meme Token With Utility And A Deflationary Nature.

r/CryptoMoonShotsSee Post

Don Pepe Coin | Where Memes Meet Mobsters | Whitelisting Ongoing | Presale starts on 20July 17:30UTC

r/CryptoMoonShotsSee Post

Spice Coin ($SPC) Is A Decentralized Meme Token For Farming , Offering Utility And Deflationary Nature.

r/CryptoCurrencySee Post

The Bitcoin ETF Race has sent Coinbase shares up 55% month-to-date. Here's how profitable it could be for them

r/CryptoCurrencySee Post

The Bitcoin ETF Race has sent Coinbase shares up 55% month-to-date. Here's how profitable it could be for them

r/CryptoMoonShotsSee Post

Antofy$ABN is solving thescalability and high TXN fee problem using “0” TXN fee blockchain

r/CryptoMoonShotsSee Post

YETI Chain $YET Pool Launching on Pancakeswap. with Confirmed CEX listing

r/CryptoMoonShotsSee Post

YETI Chain $YET Launch on Pancakeswap. CEX listing Confirmed.

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Chinese Man $BUYNOW

r/CryptoMoonShotsSee Post

Homeless #POOR Token / Eth PRESALE Coming Soon!

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Baby Avengers is popping off!

r/CryptoMoonShotsSee Post

Breaking the limits of stench in the world of blockchain creativity!

r/CryptoMoonShotsSee Post

ArtificialAI removed Tax and enounced contract of AAI token! Aspires to be number ne Comedy memecoin on ETH

r/CryptoMoonShotsSee Post

ArtificialAI removed tax and renounced contract! This AI-Meme Comedy Coin hilariously satirizes the AI boom and the entire cryptocurrency industry.

r/CryptoMoonShotsSee Post

ArtificialAI removed tax and renounced contract! This AI-Meme Comedy Coin hilariously satirizes the AI boom and the entire cryptocurrency industry.

r/CryptoMoonShotsSee Post

Felix the Cat | $FELIX, renounced ownership. AI utility. 10/10 TAX. Upcoming Bitmart listing, Coingecko listing, NFT collection. 50K lowcap gem. Worth putting few bucks can hit millions.

r/CryptoMoonShotsSee Post

Felix the Cat | $FELIX, renounced ownership. AI utility. 10/10 TAX. Upcoming Bitmart listing, Coingecko listing, NFT collection. 50K lowcap gem. Worth putting few bucks can hit millions.

r/CryptoMoonShotsSee Post

Shenron is the best project in terms of Quality and Results

r/CryptoMoonShotsSee Post

DOG ZAOAN Asia’s Number 1 Meme // New BSC Meme Launch // Amazing project // Safe Dev launched this token try to give you another opportunity to grab the Moonshot!!

r/CryptoMoonShotsSee Post

Raptor Jesus the Messiah of Memes, originated in 2006 the next 100x Fair Launching Soon!

r/CryptoMoonShotsSee Post

Florky | A meme coin that embodies the spirit of a grassroots movement

r/CryptoMoonShotsSee Post

Morty Financial | CmC Soon | Big Pump incoming| Join new era of Meme Tokens|

r/CryptoMoonShotsSee Post

Morty Financial | New era of Financial | Good Opportunities|

r/CryptoMoonShotsSee Post

Pepe Lady Elon Musk Tweets | Launched in 10 Minutes | Fair launch | Join Us !! | Liquidity locked | Great Community | Stron Marketing Contunie | Join US

r/CryptoMoonShotsSee Post

PEPI LADY Token Listed on Bsc //Builds Yield Farm with dividends for NFT holders// Like, buy, stake to earn from growing Pepi Lady // The opportunity you've been searching for! // Perfect timing! // Super Bullish!!

r/CryptoMoonShotsSee Post

PEPE KEK Elon Musk Tweets | Launched in 10 Minutes | Fair launch | Join Us !! | Liquidity locked | Great Community

r/CryptoMoonShotsSee Post

Ethereum FROGS / Liq locked /Just stealth launched / 100% safu / Low mc /Huge potential /Amazing New / Active devs / Active Developers with great community

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The Reaper Coin | Still Early | Huge Marketing Budget | Trending On Twitter | Locked Liq | Renounced Ownership

r/CryptoMoonShotsSee Post

The TRUMP| Launched in 10 Minutes | Fair launch | Join Us !! | Liquidity locked | Great Community | Best Potential

r/CryptoMoonShotsSee Post

Billionaire Pepe | Igniting the meme revolution for an era of unrivalled success!

r/CryptoMoonShotsSee Post

5K MC Gem / Big Marketing Incoming / Could Brave Arena Token Really Amazing / 10X Easy Over Next 48 Hours / $BRT Just Fair Launched / The ultimate PVE & PVP arena battle simulator built on BSC / DontMiss Out

r/CryptoMoonShotsSee Post

Peter Pan | Low Market Cap Gem | Million Dollar Marketing Budget | Trending Everywhere | Ownership Renounced | Liquidity Locked

r/CryptoMoonShotsSee Post

Peter Pan | Low Market Cap Gem | Million Dollar Marketing Budget | Trending Everywhere | Renounced Ownership | Locked Liquidity

r/CryptoMoonShotsSee Post

Great Chance To Buy Pizza Hot Fair Launch Before Price Goes Up // Best Potential of 2023 // Don't miss $PHOT // 04:30 UTC // Easy 100X - You’re So Early

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Two Buttons Coin | Low Market Cap Gem | Massive Marketing Budget | Just Listed on CMC | Renounced Ownership | Burned Liquidity | Don't miss!

r/CryptoMoonShotsSee Post

Two Buttons Coin | Low Market Cap Gem | Huge Marketing Budget | Just Listed on CMC | Renounced Ownership | Burned Liquidity

r/CryptoMoonShotsSee Post

Massive Emerging Einstein Coin | MC 250k | 0 TAX | Genius Meme Born

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The TRUMP| Launched in 10 Minutes | Fair launch | Join Us !! | Liquidity locked | Great Community

r/CryptoMoonShotsSee Post

JEET| Launched in 10 Minutes | Fair launch | Join Us !! | Liquidity locked | Great Community | Get in Here Fast

r/CryptoMoonShotsSee Post

Hey all, BOI Coin is just getting started | BOI Coin -The PePe coin Killer. #O SHIT WADDUP!

r/CryptoMoonShotsSee Post

PELON-X is just the start! | The Moon is just the start! | Elon said "Pelon-X is here to take you to the moon with his cool rocket"!| Join Us Now

r/CryptoMoonShotsSee Post

TROLL $LOL| Launched in 10 Minutes | Fair launch | Join Us !! | Liquidity locked | Great Community

r/CryptoMoonShotsSee Post

Scrappy Doo |SCRAPPY is more than just a meme coin – it's a movement! | 0/0 TAX | Safe trading Tool | Staking | Revenue Share

r/CryptoMoonShotsSee Post

JIZZRocket - A decentralized, perpetual memecoin for all mankind - Strong Community & Marketing

r/CryptoMoonShotsSee Post

JIZZRocket - A decentralized, perpetual memecoin for all mankind.

r/CryptoMoonShotsSee Post

The Memecoin Set To Bring Shiba Inu-Like Gains

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Pepe Nigga - Stealth Launch

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THE Memecoin Set To Become The Next Shiba Inu

r/CryptoMoonShotsSee Post

Missed Red Floki Ceo? Don't miss the next hyped Bsc Token $AILABS | Audited | FairLaunch Will Be Live on 4th May

r/SatoshiStreetBetsSee Post

Pepe Inu🐸 | 280k MCAP Gem | Good Team | Ethereum | Moonshot

r/CryptoMoonShotsSee Post

PEPIDOG| Launched in 10 Minutes | Fair launch | Join Us !! | Liquidity locked | Great Community

Mentions

You have the right idea and the correct execution and fixing your purchase price PRE HALVING is a wise move. TAX TIME? INVEST IN BITCOIN

I don't even know what you're trying to say but I'll try!? No because as of right now its not legal tender, yes its a peer to peer transaction so technically you can purchase something with it if the recipient is willing to receive BTC in exchange... You would have to research bartering laws in that case. At least in the UK jut about everything is considered an asset that isn't pound sterling... And if you're selling something for more than its worth then you have to pay your dues... "give unto Caesar..." as it goes. If you're selling BTC back into FIAT you're technically going against what BTC was created for... The tax part has nothing to do with it. If you were using BTC the way it was designed to be used you wouldn't ever trade it back into FIAT so you wouldn't have to pay TAX. Now the problem comes (at least in the UK) when you convert BTC into another asset class... Capital gains applies whenever you convert any kind of asset into another, its classed as a "disposal of the asset". So for example if you bought a house for 300k worth of BTC which you bought for 50K you would have to pay the CGT on the 250k IN CASH FIAT. Governments have made it difficult for BTC to function in that way. IDK that's the best I can do.

Bitcoin ETF in a Roth IRA is 100% TAX-FREE

Mentions:#ETF#TAX#FREE

If you buy crypto with your post-tax income, you will pay tax AGAIN later if you make money from the crypto investment. 401k (pre-taxed contribution) helps you reduce your pre-taxed income, which puts you into the lower tax bracket for lower taxes paid at the end of the year. If you want to use your POST-TAXED income to invest, I suggest putting your income (already paid tax) into a Roth IRA from Fidelity and using that money to buy Spot BTC ETF (iBIT, HODL, etc..). The advantage of this Roth IRA is that if you invest $7,000/year until you are 62, you can withdraw the investment from the IRA TAX-FREE.

Once you sell and lose the potentiel gain(see the "I bought Halo for 80 000$ posts"), you learn and HODL for life. My exit strategy is ETF in a TAX FREE account. Live off my 25k credit card, pay them, last day with TAX FREE ETF and once a year, cash out COINS to refill TAX FREE accounts, If I can withdraw more, I'll put that cash in margin account and also use it next year to pay taxes after an average 36% gain. Basically free money.

Nice try TAX MAN

Mentions:#TAX

Yup. In Austria "Denmark" is considered as best "fair" country for citizen. But as you said, prices are ridicoulus and I always wonder why people LOVE the fact paying even more tax with already taxed money - when you buy a house for example. But that's how it works: Always be for things in your best (self) interest. So if somebody buys a house and lives in it, but you don't - "TAX IT NOW! Unfair!" and they know very well they wouldn't see a cent of that taxed money. Completely irrational

Mentions:#TAX

Okay boomer... 😒 The traditional ways of saving money don't work as well as people tend to nowadays due just the sheer insanity of inflation. Where you government can decide to print more money arbitrarily, and even worse, charge you more money for using money (ie: taxes). Every dollar you earn is less than what it was previously, and it's only getting worse. Yes, you should pay off debts as fast as you can to free up more of your income to invest down the line. I agree with being debt free in that regard... But in reality, it's far better to learn how to USE debt to acquire assets and then use assets to acquire wealth and new lines of credit. That's what the wealthy do because debt is TAX FREE. Buying crypto is becoming less and less novel as more people are learning about it, studying it and getting involved. Which is AWESOME. There's nothing wrong with stacking some solid coins while you pay off debt. If you can't manage your money well, it doesn't matter if you got $50 in the bank or $500 million. Just sayin.

Mentions:#USE#TAX#FREE

Missed Myro? Heck yeah, brah. But hey, meet Myre n' bask in the 0 TAX, SOL glory. You might regret less with Myre jugglin' the numbers in your crypto bag. Btw, stumbled upon this some time ago- daily dose of ledger love. Might find it worth your time: https://www.reddit.com/r/DailyLedger/

Mentions:#TAX#SOL
r/BitcoinSee Comment

You forgot India? 30% Flat Tax & 4% Cess & 1% TDS per transaction. Although TDS is refundable but you pay 34% TAX. And you pay for all profits irrespective of Losses.

Mentions:#TAX
r/BitcoinSee Comment

Congrats! First: Where do you live? here is the most important thing to look out for: TAX! If you live in a country where this has to be taxed, you have to do it first, before investing the money again. otherwise you will be sued for moneylaundering and in the worse case face prison. Second: my opinion and recommendation: Go to a professional after that, that helps you building up a diversified risk-off portfolio, like 50% ETFs 30% Stocks 20% Crypto. A Risk-On Portfolio, diversified is way more profitable, but can burn your money fast. Anyway if you choose to be more "risky" something like 40% Stock, 40% Crypto, 20% ETFs can work out great as well. BUT consult a professional, and make sure to check if the money has to be taxed first.

Mentions:#TAX
r/CryptoCurrencySee Comment

Malaysia . On the other hand, gains derived by individual who trade occasionally may be viewed as capital gains and not taxable in Malaysia https://phl.hasil.gov.my/pdf/pdfam/GUIDELINES\_ON\_TAX\_TREATMENT\_OF\_DIGITAL\_CURRENCY\_TRANSACTIONS.pdf \*\* here we can easily transfer bank/ewallet to approved dax without any fuss since it is legal .

Mentions:#TAX
r/CryptoCurrencySee Comment

a few things. One, as mentioned an arbitrage bot. I looked at one, but it seemed scammy so i didnt bother. 1) set margins for buy/sales. so yes, as things go up, youll do OK. 2-5% profit depending on the coin. 400 to 410 looks like 2.5% was their margin. 2) if it goes DOWN the bot simply hold until a threshold or you direct it to sell the asset. Also a likely scenario in bear/down markets. 3) these playforms also charge a fee, and usually do not guarantee any returns. Yes, they CAN be effective, but usually only if you have enough $$ to start where the money on 2% is worth any gas fees/transaction fees charged. 4) you can achieve essentially the same, though slower by utilizing a service like CB, use a pro memberbership if you have the capital, place a 1000 buy for 0 fees, set a limit order on return for $50 or so, pay for the membership, then wash rinse repeat. 5) The other issue here, TAX REPORTING. Remember \*every\* transaction triggers a taxable event unless its a $0 gain/loss (US)

Mentions:#TAX
r/CryptoCurrencySee Comment

... it's just called accounting a CAPITAL GAINS TAX EVENT, does not mean you're taxed on every trade, it means you need to keep a record of every trade because CGT is triggered at point of disposal. you could figure out CGT by your first and last trade and the value change is clearly gain in your capitals value. the thing is we don't do one tidy first and last trade we split it off, some things we hold something we day trade. so they are just saying you need to do CGT properly like LIFO or FIFO or what ever. yes every trade is a taxable EVENT, but it doesn't mean you're taxed on every trade like some sales tax bs... lets say you do a trade and your capital value has increased 200 usd, like you bought 2000 usd of bitcoin and then next time there's an event you are buying 2200 usd of eth with it? where did the 200 come from? it's a capital gain right? and you're saying you pay tax on that trade? right? WRONG. why? well because your NEXT trade after that a month later you are selling your 2200 usd eth for 2000 usd sol, where'd the 200 usd go? well if you can only buy 2000 usd of sol now its because your eth is worth 2000 usd at the time right. well whats +200 -200? it's 0, so you aren't fuking paying capital gain on either trade they cancel out and you have NO CAPITAL GAIN, all you HAVE is two records ie cgt EVENTS showing that. so stop dramatizing basic accounting, you NEED every trade record, deposit and withdrawal to ACCOUNT for, why your capital total value at start of financial year was 100 USD and EOFY is 20000 USD, you're being being taxed on the capital GAIN in the END, not the middle, you just need to account for your business dealings. minus expenses/costs. the thing is, if you want to buy and hold crypto, CGT 'end result' is only determined at point of disposal, and if you hold for one year TAX on capital gain is halved in many countries. you could buy bitcoin and eofy it has gone up 19000 usd, and you never pay tax on it until you dispose of it, triggering a CGT event. but not every trade is taxed, it is just an EVENT the last disposal event determines the most recent point of reference for its value where tax is concerned, like... you may have done your last trade in august, and now its worth 10x more in december, but you aren't paying 10x more capital gains tax, because the value is determined by the latest disposal. they aren't taxing your every profitable trade, it's just basic accounting of a capital gain. initial value determined by expense/buy in and sum total value of every asset you hold, with a value determined by the last event as that is the running total value. maybe all your asset were worth 20x more in the middle, why would you be taxed on that total value, when before eofy you're back down??? clearly capital loss cancels capital gain.

r/CryptoCurrencySee Comment

A vast majority of BTC folks are simply interested in making USD. Not the tech of BTC or the adoption of BTC. These ETFs are a fantastic way to get exposure to BTC and capitalize on price movements, with PRE TAX dollars mind you, straight into a 401k. And no responsibility of self custody. That’s going to appeal to 90% of folks into BTC. The 10% who are in it for the tech and the promise of a BTC future, it’s not for them. Simple as that

Mentions:#BTC#PRE#TAX
r/BitcoinSee Comment

Haha...I figured this out when btc Was $16k...sold and took the smaller hit on taxes, bought into BTCC.B immediately. (Lost a small amount due to fee's and slippage but who cares.) It was like a lightbulb going on in my head...TAX FREE CAPITAL GAINS. I know this sub will shit on it...but the lure of tax free is too good to ignore. (Sorry American's...you have to wait for you ETF's before you can do the same.)

r/BitcoinSee Comment

Been in equities for years. Assets get froze all the time, am I right?! 😅🤣🤣🤣 Do you have any idea how useless the Canadian government is? Lol least of my concern. TAX FREE IS THE POINT YOU DUMB DUMBS LOL

Mentions:#TAX#FREE
r/CryptoCurrencySee Comment

Seriously, what ever you do DO NOT FILE A TAX RETURN. I mean you can do the paper work just don’t send it to the IRS, that’s an admission of guilt and there is no law stating you have to file a tax return with the federal government. Key wording here “filing a tax return” is admission of owing the government, otherwise they would just send us all a bill every year.

Mentions:#TAX
r/BitcoinSee Comment

You would be better off investing it into Gold or Bulk Silver. They will always be there...Bitcoin or Digital Currency is not a tangible asset. It is only as good as there is still electricity and Internet. One Solar flare strong enough can wipe out your investment. I listened to the owners of an International Company as to what they invest in. They said number one is Precious Metals 2nd is Art 3rd is real estate. The problem with real estate is continual taxation. ( The problem I am currently facing with my home...I had it built 20 years ago and placed 100k down on it. This year the property tax quadrupled. And yes it is true, everyone in the neighborhood is also being hammered!) I invested in Gold and Silver back when it was very affordable. Oh BTW you can forget about ever getting your Social Security when you retire. The Government has been siphoning it off and it is on the verge of insolvency. Also, you may wish to take another look at the Dodd-Frank Act (second page fine print) This was passed into Legislation by then VP Biden under Obama. This allows the Government to seize any and all your assets, your savings, checking, IRA, 401k and safety deposit box whenever the Government wishes under any claim. Now that Biden became President he has been field testing this seizing assets of Banks. I was warned of it by a friend who worked at my bank. I had never heard of it....he said take everything out ASAP and he would explain later. I did that very day. A few days later the IRS came in a seized ALL THE ASSETS at that branch. No, the bank did nothing illegal. It was a Capitol One Bank in Fort Worth.....also it was not even mentioned in the news either. The sign at the bank told the depositor to call the phone number listed, bring an attorney and proof that all your income was earned legally. Huh? To this day, no one has been able to get in to an appointment....so they started a lawsuit against the Government. GOOD LUCK This has been going on in isolated areas all over the USA and THE MAINSTREAM NEWS IS NOT REPORTING IT. What do you think the hiring of 87,000 ARMED IRS AGENTS ARE FOR??? A simple audit???? No, the Government is about to start seizing assets. Also a friend of mine who is a famous actor informed me it happened at his bank in Beverly Hills.....they have a lawsuit going also. Now I got a call just a few months ago by the Bank that my house mortgage is at....they contacted me asking if it was possible for me to pay off my mortgage. Now I am puzzled and asked why. They then said they are not at liberty to discuss the reasons why...so I poked and asked if it had to do with the Dodd-Frank Act and they replied yes. Don't even think this is some conspiracy BS. All of you people are going to give smart remarks claiming this is rubbish. Well go ahead and do a deep dive and look for yourself. You cant use Google search. You have to use a search engine not controlled to block your searches or divert you to nonsense pages. Also under Obama was the Medicaid/Medicare Recovery Act passed too....this is anyone who has ever been on short term disability and received aid. The IRS will notify you that they made a mistake in how much they gave you in support and hit you with a huge TAX bill. THIS IT TRUE because this was aired on 60 Minutes last month. Also, did any of you notice Nikki Hailey telling the public that Social Security is broke? She said that Biden has signed into a secret legislation to raise the age of retirement to age 70 but no one under 65 currently will ever see their retirement even though it will be auto withdrawn from your paycheck for the rest of your life...but will NEVER SEE IT when you reach retirement. I am over 68 and have already been declined to receive my retirement....not some medical disability issue either. I have paid in for 55 years and now I am denied it and was told to apply at age 70. You see, the Government is not telling the public what is really going on....they are stalling, diverting your attention to tons of BS I warned people WHY the border is open and all these illegals are getting YOUR SOCIAL SECURITY. I also warned you people that Biden has publicly announced that the Ukrainian people will be getting their pension from the USA. That was on the news! That is our Social Security money......so why would this Administration be Intentionally be driving this welfare system into a faster insolvency? Think about it for awhile......remember the Dodd-Frank Act that will justify seizing everyone's assets? You can go ahead and mock me, so many have already after I warned people of some rapid changes coming.....those issues came true. Sure do not see anyone apologizing for poo pooing me when the warnings came true!

r/CryptoCurrencySee Comment

Tax deferred IRA, that is the game. My MSTR is UP 178% since May of 22, including the shit day yesterday. That is TAX FREE pump.

r/BitcoinSee Comment

THIS IS WHAT IVE HEARD PEOPLE DO, I’VE NEVER DONE IT MYSELF. The IRS is understaffed and clueless when it comes to crypto especially when it’s off exchanges. Funnel as much as you can through legit websites to buy master card gift cards, you’ll pay about 6% fee, you can also buy precious metals and resell them for cash at local coin stores but make sure the store is giving you a fair rate. Unfortunately the bulk you’ll have to funnel back through the exchange you originally bought from and bay 20% long term capital gains. But if you’ve made considerable money, only do enough through exchanges to buy a house or car. I AM NOT ADVOCATING YOU DO THIS. I WOULD NEVER DO THIS. THAT WOULD BE TAX EVASION AND IS ILLEGAL.

Mentions:#PEOPLE#TAX
r/BitcoinSee Comment

US citizen here with multiple passports and a home in another country here. THIS IS NOT TAX ADVICE. if you're a us citizen you will have to file your taxes annually just like you do now AT A MINIMUM. If you live in another country you'll be allowed a foreign income exemption of approx $120k/annually and then you will have to pay taxes potentially on anything above that unless you have expenses, depreciation, losses etc. Some may say, fuck the govt, it I'm in BTC and no longer live in the US then they have to catch me. they will though. tax dodgers get their accounts seized and their passports revoked. Most US folks don't have a second passport. No passport = no travel (or at least makes it really unpleasant). There is hope though. You can use one of these expensive consultants to get a second passport and residencies like I did or you can also utilize another tool that I did in the US by setting up irrevocable trusts for my personal, business and charity. the flow looks like this..... Profits from business into business trust Business trust pays me a nominal salary to keep my taxes low If I need money for food, fun or fashion I ask my business trust to give my personal trust money to loan to me for 10 years. If I don't repay by year 9 I ask for an extension. Who's gonna tell me NO? It's me asking me for money! Here's the great part. No taxes on loans. I live off loans from myself and pay 1-3% federal tax in the US legally. Google build, borrow, die and IRS 643b. You'll see it's all legal and IRS compliant. Same thing billionaires, athletes, movie stars and politicians do to pay no tax. Ever wonder why Bill Gates or Jeff Bezos never renounce and leave? (and they have a lot more money than all of us chumps here). This is how they do it. Everyone is trying to cut corners and there is a legal way to do it right and never have to look over your shoulder. I smile all day long every day. You need a KILLER legal team to do this right so don't try to cheap out and fuck yourself out of your own fortune. I'm happy to make introductions to my team but they are super busy so you may have to sit in their queue for a hot second. Don't trust this kind of stuff to some average, garden variety lawyer.

Mentions:#TAX#BTC
r/CryptoCurrencySee Comment

0% TAX it is then. Nice! 🙄

Mentions:#TAX
r/CryptoCurrencySee Comment

Only thing is... It's a TAX nightmare to deal with, which is why most people restrain from using it.

Mentions:#TAX
r/CryptoCurrencySee Comment

This is the only time I see TAX in the title and it turned out to be really good for the tax payer.

Mentions:#TAX
r/BitcoinSee Comment

There is no income tax on selling bitcoin you've bought, period. Exception - You mine bitcoin, it is a source of income, you pay income tax on it Exception - You are paid wage directly from your employer in bitcoin, you pay income tax on it. ALL OTHER FORMS OF SELLING BITCOIN ARE NOT INCOME, and you pay CAPITAL GAINS TAX. That is it.

r/CryptoCurrencySee Comment

5 YEARS OF TAX RETURNS? I feel like I've barely even been working five years. Of course, they would try to scam some poor lady. Glad to see negative press made them reconsider!

Mentions:#TAX
r/CryptoCurrencySee Comment

Are there any ways to avoid the big TAX HIT when cashing out crypto? 🙃

Mentions:#TAX#HIT
r/CryptoCurrencySee Comment

Is it true that you claim you're deposit fees on TAX? Australian here

Mentions:#TAX
r/CryptoCurrencySee Comment

Here's a real time rebalancing tool: Providing liquidity in defi pools. You will also get the pool rewards on top of free rebalancing. If you trust the platform, the two tokens (that neither of them will go to zero) and in taking timely profits, try this: * Provide liquidity in a pool - like sushi Eth-moon (If this is too complex for you to follow, use a stablecoin pair to understand this more easily like Eth-USDC). Let's take the example of Eth-moon where you provided 500 moons and its equivalent 0.5 Eth in the pool (Gosh! this is just an example, but we all want it, I know). * See moon count go up and down based on its price relative to Eth. You can check the relative prices by going to Coingecko and selecting 'Show me the price of moon in Eth instead of USD' * When you think the bottom is in, take out the liquidity and hold it. In the example, now you notice that the moon you provided is 550 instead of 500 because Eth price went up. Pull out the SLP and hold it in moon. * Now, when you get the notification from Coingecko that the price is back to the initial price (500 moon :0.5 Eth), put 500 moons and the equivalent amount of Eth again. * You have now successfully made extra 50 moons from nothing but volatility and also gained sushi pool rewards in the process. Things to watch out for: Market may go down even further after you pulled out thinking it is the bottom, no issues just hodl. Wait for your strike price and then put in the pool again. ;) And yes of course, TAX implications.

Mentions:#USDC#SLP#TAX
r/CryptoCurrencySee Comment

SEC is cost TAX payers millions of dollars SEC employees are paid the most of any US agencies

Mentions:#SEC#TAX
r/BitcoinSee Comment

TOO MUCH DAMN TAX!! Income Tax, fine. Sales Tax, fine. Some special ass name the government tacks onto TAX?!?! Fuck no! I ain't playing their games anymore.

Mentions:#TAX
r/CryptoCurrencySee Comment

LANCO 🚀CONTRACT AUDITED 🐳HUGE MARKETING PLANNED ⚡️FIRST PROJECT OF ITS KIND 💰0% TAX on Buy & Sell. 💰$50K Contest running! Contract Address: 🗣️0X76A54979363E2A4B9910E9B1593620242838B280 ⚪️Presale ends: 10days ✔️Hard Cap: $500K 🌐Website: lanco.io

Mentions:#TAX
r/CryptoCurrencySee Comment

Ohh Yea, this is when Contract is set with 99% BUY TAX or to the wallet as a different one than the sender! I have seen them too!

Mentions:#TAX
r/CryptoCurrencySee Comment

Government takes my cardboard as TAX. I wil be broke…. or having 100 lambos.

Mentions:#TAX
r/CryptoCurrencySee Comment

13. **Georgia (country)** \- Very actively adopting Crypto, everyone here is into technology, no dead zones, internet covers everything, if not fiber, the air waves doing the job. Crypto is TAX FREE for retailers, only companies have to pay TAXES for it. Georgia has quite a lot crypto events in the main halls of the country, in the center of the city. There are Pay Boxes in every corner of the capital and not only capital, that you can pay with crypto, to refill your mobile balance, or pay the electricity and such, of course your crypto is converted by the implemented service and they are receiving local currency, and not crypto. There are few local exchanges, and you can use global ones, without a restriction, if the global ones allow you. Binance has implemented local currency payments too. Many Russians used that crypto adoption in Georgia, to escape their country being sanctioned by the global banks, in the west. 😅

Mentions:#TAX#FREE
r/CryptoCurrencySee Comment

**Georgia (country)** \- Very actively adopting Crypto, everyone here is into technology, no dead zones, internet covers everything, if not fiber, the air waves doing the job. Crypto is TAX FREE for retailers, only companies have to pay TAXES for it. Georgia has quite a lot crypto events in the main halls of the country, in the center of the city. There are Pay Boxes in every corner of the capital and not only capital, that you can pay with crypto, to refill your mobile balance, or pay the electricity and such, of course your crypto is converted by the implemented service and they are receiving local currency, and not crypto. There are few local exchanges, and you can use global ones, without a restriction, if the global ones allow you. Binance has implemented local currency payments too. Many Russian used that crypto adoption in Georgia, to escape their country being sanctioned by the global banks, in the west. 😅

Mentions:#TAX#FREE
r/CryptoCurrencySee Comment

I'd happily pay 57% FLAT TAX if it meant \*every other tax\* was abolished and the quality of life improved to reflect this. For my 57% I was zero GST, zero petrol excise, free healthcare at ALL levels, better parks, better roads, \*good\* care for the eldery in retirement living and anyone else under state care. Basically you make it so I don't \*need\* 57% of my income to be comfortable then you can have it to help make \*everyone\* comfortable.

Mentions:#TAX#GST
r/CryptoCurrencySee Comment

No, but they've 30% FLAT TAX. plus 10% surge charge incase transaction above $61K

Mentions:#TAX
r/CryptoCurrencySee Comment

TAX remindoooor

Mentions:#TAX
r/CryptoCurrencySee Comment

on the bright side, he won't have to pay $3,000 in taxes every year for the rest of his life. In before democraps: 'THIS IS A TAX LOOPHOLE! WHY IS HE NOT PAYING TAXES?!'

Mentions:#TAX#WHY
r/CryptoCurrencySee Comment

Only the rich have the right to evade taxes! They’re so deserving of not having to contribute to taxes, that they even get LEGAL TAX CUTS FROM THE GOVERNMENT ITSELF! 😡

Mentions:#TAX
r/CryptoCurrencySee Comment

I can't speak for all countries, but here in the UK investing in a BTC ETF IS safter than owning BTC. The exposure and risk remains the same, with the potential for High gains and also high losses. But investing in a ETF that tracks BTC rather than own it removes all the hacking/dodgy exchange elements of BTC, and will open most people up to tax optimised accounts and government backed insurance. For example here in the UK you could open a "stocks and shares ISA" that would allow you to invest into. BTC ETF £20K per year with the profits TAX FREE, and whilst enjoying £80K goverment backed account insurance if the platform/company you are using goes bust. For a lot of people, that is a better deal than owning BTC directly when you factor in all the risk factors.

r/CryptoCurrencySee Comment

In Portugal, Cryptocurrency is TAX-Free Thule it does follow the EU guidelines on digital currency regulation, Portuguese authorities have stated that cryptocurrency will be treated not just as an asset, but rathe the same as any other currency That’s why Portugal’s crypto investment market has experienced steady growth, with an estimated 268,000 individuals venturing into cryptocurrencies like Bitcoin & Ethereum

Mentions:#TAX
r/CryptoCurrencySee Comment

Yeah read it state or local shall be paid but not a FEDERAL TAX

Mentions:#TAX
r/CryptoCurrencySee Comment

Adding this to my RothIRA the second I can TAX. FREE. BTC. GAINS. IRS can suck it

r/CryptoMoonShotsSee Comment

Felix the Cat | $FELIX, renounced ownership. AI utility. 10/10 TAX. Upcoming Bitmart listing, Coingecko listing, NFT collection. 50K lowcap gem. Worth putting few bucks can hit millions. This is their marketing managers announcement; (I put the coinmarketcap link below) SEC sued Binance and Coinbase. All the sh*t coins went %99 down but we didn’t go down. Because of 2 things. First, we are not a sh*t coin we have an AI utility. Second, our Felix community is so strong and we are getting stronger everyday. As some of you guys already know our bot Felix AI. Felix AI is an image maker bot and it is working insanely well. The pictures Felix AI makes are dope af. The core team is already able using it. Some of you guys will be able to use it, too but how ? Let me explain. Bitmart officially announced that we will get listed on Bitmart. They will do another announcement when we decide the listing date. Bitmart has a marketplace for NFT’s. After you get listed on Bitmart if you have an NFT collection they let you use their marketplace. The long story short, our top holders will get NFT rewards for theirselves. People those have NFT’s will be able to use Felix AI FOREVER. And also we are doing a giveaway for our holders worth of $1000. As I told you guys Bitmart will announce the listing date and we will have more partners. We want to get 20M$ Marketcap which is 400x from here. With our holders everything is possible. (If you guys like it I’ll keep you updated.) https://coinmarketcap.com/link/currencies/felix-the-cat

r/CryptoMoonShotsSee Comment

Felix the Cat | $FELIX, renounced ownership. AI utility. 10/10 TAX. Upcoming Bitmart listing, Coingecko listing, NFT collection. 50K lowcap gem. Worth putting few bucks can hit millions. This is their marketing managers announcement; (I put the coinmarketcap link below) SEC sued Binance and Coinbase. All the sh*t coins went %99 down but we didn’t go down. Because of 2 things. First, we are not a sh*t coin we have an AI utility. Second, our Felix community is so strong and we are getting stronger everyday. As some of you guys already know our bot Felix AI. Felix AI is an image maker bot and it is working insanely well. The pictures Felix AI makes are dope af. The core team is already able using it. Some of you guys will be able to use it, too but how ? Let me explain. Bitmart officially announced that we will get listed on Bitmart. They will do another announcement when we decide the listing date. Bitmart has a marketplace for NFT’s. After you get listed on Bitmart if you have an NFT collection they let you use their marketplace. The long story short, our top holders will get NFT rewards for theirselves. People those have NFT’s will be able to use Felix AI FOREVER. And also we are doing a giveaway for our holders worth of $1000. As I told you guys Bitmart will announce the listing date and we will have more partners. We want to get 20M$ Marketcap which is 400x from here. With our holders everything is possible. (If you guys like it I’ll keep you updated.) https://coinmarketcap.com/link/currencies/felix-the-cat

r/CryptoCurrencySee Comment

Irrelevant. Professions won't matter. People will do hobbies, activities, and work for the love of it, not for money. ASI will come with how [fast it's advancing. ](https://i.imgur.com/TAX774F.jpg)

Mentions:#TAX
r/CryptoCurrencySee Comment

My backstory: listening to Warren Buffet compare crypto to the tulip I was against it. When I learned of the illegal side of money, crypto made perfect sense. Things started to align from there If SEC wins the case, BTC & ETH will be the top 2 coins and go up in value. SEC with enforce their already strict laws on new and up and coming CC to make them less volatile. XRP, Coinbase and any other company that stood with them will become a meme coin distance memory. They have to make an example out of them. But they will just pull out of the US markets and still profit. Long term the US will see that more American dollars are leaving the US. There will be a strong push to get Americans to buy the US crypto but we won't. So there will be a new CC TAX which will be really high for any foreign crypto exchange. I see BIT & ETH working together with the SEC covering each other's back and profiting of citizens and trying ultimately be the #1 CC globally. In short: I am walmart and won the case. I set the rules on what stores can sell so there are no other stores close to what Walmart is. I make it easy for people to buy from me, and hard to buy from you. Go ahead and take your business over seas. If any of my US citizens buy from you I'm just going to raise the taxes on your product so high that they will be forced to buy from me. Or you can get along and work under me and keep your name but I get a cut of all your profits.

r/CryptoCurrencySee Comment

They gotta spend $8T in 4 years, it's gotta go somewhere? "it got stolen by those CRYPTO TAX CHEATS!!!"

Mentions:#CRYPTO#TAX
r/CryptoCurrencySee Comment

Regulated like gambling?That means TAX FREE??

Mentions:#TAX#FREE
r/CryptoCurrencySee Comment

i bet you it wont be TAX FREE though also, why isnt Forex trading classed as gambling ? its even more risky

Mentions:#TAX#FREE
r/CryptoCurrencySee Comment

In a dream scenario, I wish there was a simple "cash in" tax on all money going into crypto. They can additionally tax businesses provide on-ramp services to operate, but essentially any USD converting to crypto will be taxed X% to exit. In exchange, everything that happens within the crypto ecosystem will be free game, governed by network economics. Win big or gamble it all away. Capital gains, loses, income, all of it. Entering back into the fiat system will be TAX FREE to incentize capital to move back into the economy to purchase goods and services, start business that create jobs, buy property, shop for groceries, etc. There exists a future where the wealthiest individuals are the ones adapting to a global frictionless, digital economy. New money changes with the old every generation. Countries like El Salvador, Portugal, etc are already beginning to shift into this new 'tax free' strategy to attract people to their country who can simulate their local economy with their presence alone. Time will tell if it pays off, but it looks promising. Rather than creating rules to kick innovation out of the country, there should be incentives placed to attract talent and innovation to remain in the states. So that new capital will seamlessly flow into the economy and be source of growing prosperity in the country.

Mentions:#TAX#FREE
r/CryptoCurrencySee Comment

Who do you fuck up so bad when your parents specialize in TAX LAW?!

Mentions:#TAX#LAW
r/CryptoCurrencySee Comment

What CRYPTO TAX loophole is he referring to? This is gold, I swear.

Mentions:#CRYPTO#TAX
r/BitcoinSee Comment

You can do self managed IRAs and invest in almost anything — including Bitcoin. Buy BTC, self custody in a Roth IRA, watch that shit grow, and start withdrawing TAX FREE during retirement.

Mentions:#BTC#TAX#FREE
r/CryptoCurrencySee Comment

proper tax codes and removal of exceptions and loopholes for businesses. Add to the tax system that any loans backed by stocks (or any financial security) count as income and TAX them. Make the estate taxes impactful to prevent generational wealth. Then we will have nice things again... like well built and maintained infrastructure (roads, bridges... no TOLLS), free universal health care, free education to include college, etc... because all .. and i mean 100% ALL... billionaires got there on the backs of poor people. They wouldn't exist if governments didn't give some people (businesses) special treatment. In fact STOP treating a business as a person... it is not.

Mentions:#TAX#STOP
r/CryptoCurrencySee Comment

The royals are afraid of crypto,they will squeeze in any open skin to suck the blood they leave with TAX They use tax like a taxi everywhere

Mentions:#TAX
r/BitcoinSee Comment

Taxable event. I love the absurdity of a system in which they debase the currency, so you find an alternative hard asset to preserve purchasing power, which appreciates vs the currency due to inflation, and then they have the audacity to then TAX the gains that arose because the currency is being debased... You can run, but you can't hide.

Mentions:#TAX
r/BitcoinSee Comment

Bitcoin represents Freedom and democracy, Individulsium, Unity, Liberty, Pragmatism.... those are the core Values of America, to attack Bitcoin its to attack those values and believes of a great nation. The argument should only be, How does the government regulate to make sure citizens pay their TAX. not to go after a currency and attack it because they want to impose control and turn people into their slaves... She is stupid, this angle of hers has zero logic as a leader of the free world.... To attack bitcoin could potentially cause a Civil War. what a dumb bitch

Mentions:#TAX
r/BitcoinSee Comment

About 20 years ago I would tell a small group of is that met at Starbucks, that I do not care what you put your money into but SOME, maybe your Orange money (retirement) should be OUTSIDE the system, and your HOMOE does not count because they can TAX or Increase Insurance such that you have to give it up. Now 3 of the 12 actually bought BTC. Was impressed. The others even though saw Cyprus Situation bak in the day still held to the theory that their savings were safe We do not see each other as often but on our next visit it will be interesting to see if they still stick to BTC is not real - LOL

Mentions:#TAX#BTC
r/CryptoCurrencySee Comment

Because we can avoid TAX with crypto, transact between us without government control, "protection" from losing money, so called money laundering etc. Governments have everything in control because they can print as much money as they possibly can. Crypto doesn't allow them that. Crypto separates money from state and puts it back in control of people

Mentions:#TAX
r/CryptoCurrencySee Comment

who wrote this title? lmao they missed the most important word, TAX "Biden wants to double capital gains TAX and clamp down on crypto wash sales: Reports" there, makes more sense now.

Mentions:#TAX
r/CryptoCurrencySee Comment

>High taxes have a direct effect on spending and borrowing behaviors of individuals as well as BUSINESSES. Did you even read the article?? This is about CAPITAL GAINS TAX. Not income tax or tax on businesses. It will affect super rich individuals when they sell their assets, sure. Now explain how that will "make us stay poor, sponsored by Biden 🤡" I'll wait. The post is indirectly related to crypto at best, which is probably why it was removed. How can anyone with a rational mind actually believe this garbage? That's what I can't understand. It's willful ignorance and you need to be better.

Mentions:#GAINS#TAX
r/BitcoinSee Comment

Yes you buffoon - he’s implying a situation where he can spend it as he does cash, if not there would be no question to ask BECAUSE AS PER TODAY HE’D JUST HAVE TO SELL THE BITCOIN AND PAY WHATEVER THE TAX WAS IN HIS NATIVE COUNTRY. My god how is that so hard to understand?

r/CryptoCurrencySee Comment

There is one downside why i currently cant stake the ETH in my Ledger-Wallet: Those are all currently long-term TAX-Free in my country - converting them to sETH would remove the long-term status which is really bad in my country, because there is no "long-term" in Austria anymore since a LAW-change last Year. ​ If i stake now, and ETH goes up to 100k(lol let me dream), i would have to pay 27,5k in taxes when selling. ​ However - i hope you're right and sETH wont be needed anymore and we can directly use our ETH in a staking pool.

Mentions:#ETH#TAX#LAW
r/CryptoCurrencySee Comment

50x in 7 years is a good return. Sell on the next bull run (don’t attempt to tune the top) & buy the bottom (don’t even try to time that either) & maybe be a 75x investment. Put in $5,000 = $375,000 - TAX etc but still a decent return

Mentions:#TAX
r/CryptoCurrencySee Comment

I bet he ain't paid TAX.

Mentions:#TAX
r/CryptoCurrencySee Comment

Its not to TAX people more.. Oh no, no! Its all about cUsToMeR pRoTeCtIoN!

Mentions:#TAX
r/CryptoCurrencySee Comment

If in the US: You buy a coin with fiat and keep it- NO TAX You buy a coin and exchange it for another coin/nft-TAX You sell a coin/token/nft - TAX Now depending how early you sell/exchange, that event is taxed at a different rates. These are just some of the more common scenarios. Not a tax expert, just learned my lesson last year. Like someone else said earlier checkout r/cryptotax

Mentions:#TAX
r/BitcoinSee Comment

Legal tender vs a business/vendor agreeing to take your cold hard usd cash is very different. I don’t know many countries that turn down usd legal tender or not. Yeah you should convert to local currency but your life will not be harder walking around India with usd.. Over 60% of businesses in India invoice in USD. THERE IS NO CAPITAL GAINS TAX WHEN YOU GET PAID BY AN EMPLOYER WITH LOCAL CURRENCY. IF YOU GET PAID BY EMPLOYER IN BITCOIN THERES CAPITAL GAINS. PERIOD.

r/CryptoCurrencySee Comment

Most of them will be TAX rules.

Mentions:#TAX
r/CryptoCurrencySee Comment

I've been averaging down for months. I think I've got my average price of ETHX.B in my TFSA down to under $6. If we hit a new high (ever) I'll be pretty damn set. And it's TAX FREE this time around. If crypto to belly up I'm in danger.

Mentions:#TAX#FREE
r/BitcoinSee Comment

Put the bitcoin in a cold storage and go to the bank to open a safe and store it there, borrow against the bitcoin (as in use it as a collateral to borrow large amount of money) those money are TAX FREE, then use those money to create profit and pay back debt

Mentions:#TAX#FREE
r/CryptoMoonShotsSee Comment

BNBCow 🐮 is a community-focused, decentralized crypto currency. 🍻BNBCow Auto Reflection 🔥 Massive burning 💰 TAX: 7% buy/sell 🔒 LP Lock 1 Year 📝 Contract renounced ⚒️ BNBCow Tools CA: 0x01faFa292c34828A6af2b9eC4CAA968092646Bb0 🌐 https://bnbcow.org 📱 t.me/BNBCowGlobal 🕊️ https://mobile.twitter.com/BNBCowGlobal

Mentions:#TAX
r/CryptoCurrencySee Comment

>FINRA Disciplinary Actions Online >Firm search: J.P Morgan Securities LLC >Displaying 1 - 15 of 2994 *sigh* Oh look, ere is a 1027 page report on the "regulatory events" (IE CRIME) maintained by the self reporting agency that works for them. https://files.brokercheck.finra.org/firm/firm_79.pdf a few of the felonies: >2 COUNTS OF FELONY WIRE FRAUD, IN VIOLATION OF TITLE 18, UNITED STATES CODE, SECTION 1343. NO PLEA DUE TO DEFERRED PROSECUTION AGREEMENT. SEE ITEM 4 FOR FURTHER DETAILS. ---- >JPMORGAN CHASE BANK, N.A. WAS CHARGED WITH FOURTEEN COUNTS FELONY COMPLICITY IN TAX FRAUD UNDER ARTICLES 1741, 1742 AND 1750 OF THE FRENCH GENERAL TAX CODE AND ARTICLES 121-2, 121-6, 121-7 AND 121-38 OF THE FRENCH PENAL CODE. ---- >JPMC WAS CHARGED WITH A ONE COUNT FELONY CRIME CHARGE IN VIOLATION OF THE SHERMAN ANTITRUST ACT, 15 U.S.C. SECTION 1 RELATING TO THE FOREIGN CURRENCY EXCHANGE SPOT MARKET ("FX SPOT MARKET"). JPMC PLED GUILTY PURSUANT TO A PLEA AGREEMENT WITH THE DOJ. ---- >JPMCB CONSENTED TO THE FILING OF A TWO-COUNT INFORMATION ("INFORMATION") CHARGING JPMCB WITH FAILURE TO MAINTAIN AN EFFECTIVE ANTI-MONEY LAUNDERING PROGRAM, IN VIOLATION OF TITLE 31, UNITED STATES CODE, SECTIONS 5318(H) AND 5322(A) AND TITLE 12, CODE OF FEDERAL REGULATIONS, SECTION 21.21, AND FAILURE TO FILE A SUSPICIOUS ACTIVITY REPORT, IN VIOLATION OF TITLE 31, UNITED STATES CODE, SECTIONS 5318(G) AND 5322(A) AND TITLE 13, CODE OF FEDERAL REGULATIONS, SECTION 21.11. BOTH CHARGES ARE FELONY CHARGES AND JPMCB PLED NOT GUILTY TO BOTH CHARGES.

r/CryptoCurrencySee Comment

I really don’t want to go look at my prices and sells in 21 lol. Won’t allow emotion to get involve going through those trades and mistakes still making money. Now on to 22 taxes….READY TO TAX HARVEST LOSS BBY

Mentions:#TAX#BBY
r/CryptoMarketsSee Comment

No. If you take home 30% more not paying taxes, people will spend 30% more on average. The fact that most Americans are in debt is clearly a sign that we are more eager to spend than save. Additionally a sales-only tax will do two things: 1. Does not discourage someone from starting businesses and innovation by doing deliberate saving and not being penalized by higher tax brackets for earning more. 2. Turbocharges the work force by not taxing peoples income. In this country you are not taxed if you do not work. These two points would ignite spending and fuel trade in the economy far greater than the leach system we have currently. If I make $100,000 per year, ($70k after tax) and spend $70k on goods and services I am left with $0. If I make $100,000 per year, (100k after NO TAX) and spend 30% more on the $70k ($91,000) then I am left with $9000. Please consider this difference. It rewards hard work, and is only a tax on people that have spending problems or have excess disposable income.

Mentions:#TAX
r/CryptoCurrencySee Comment

>censorship resistant... unless the govt wants to censor it anytime they want by limiting or outlawing central exchanges, which themselves have proven to be irresponsibly run by scam artists. Good luck using btc without being able to offramp it into fiat which is what most do. They can better start shutting down Wall street in that case my friend. Crypto now has people will a ton of influence backing it up, so for the gov to do a 180 on us is not that likely. (I don’t know shit about fuk but that’s the current reality tho.) Also if fiat is the problem we can always trade like we used to back in the day, but if we get to that point then the world is by then a shitshow anyways so that’s out of the window. The only way for them to shut it down is to cut off the internet, but by then we’ll be in Utopia so, what’s your point? Also, why would the government shut something off that gives them millions and potentially billions in TAX revenue?! Isn’t capitalization the goal?! >99.9% of people buy btc to hoard it and speculate on its value. True HODL is the motto because historically it has been proven to be worth it. Will it continue?! Time will tell, but success leaves clues. So that’s that. As for speculation, we do this time and time again. Same in the stock market some prices don’t make sense but yet that’s what it’s worth so accept or move along. >I am literally begging you to explain DeFi to me. PLEASE. It would be incredibly entertaining. I’ll leave that to the expert, I’m just a degen speculating on an asset that may or may not give me some nice ROI. But I can say some of these APR/APY on DeFi are crazy juicy and risky but if I don’t spend more than I can afford I should be fine I guess.

Mentions:#TAX#ROI
r/CryptoCurrencySee Comment

I have to pay 30% tax on each profitable transaction and the loss will only be bear by me. I can't set off loss making transactions with profitable to calculate net profit. The tax is not on net profit i.e. on each profitable trasaction. Plus 1% of the amount will be gone to TAX department after every buy order that I will get at the end of the year.

Mentions:#TAX
r/CryptoCurrencySee Comment

Something i learned recently, not sure if it applies to every country but, here it goes. Did you know that you can get taxed on items? I.e you buy house lets say $50K and in 10 year time it goes for $500K and you decide to swap it for a fancy car, what the transaction will be over you have to pay the VAT on the Car + the income TAX because you gained something that added value to you

Mentions:#VAT#TAX
r/BitcoinSee Comment

TAX LOSS harvesting for rich people.

Mentions:#TAX
r/CryptoCurrencySee Comment

SUBSCRIBE TO THESE YOUTUBE CHANNELS -COIN BUREAU -DAPP UNIVERSITY -CLEARVALUE TAX -CRYPTO TIPS -CRYPTO CASEY DCA-Dollar cost averaging Pay attention to crazy shit that could rock economy Educate yourself on the utility of crypto TECHNOLOGY NOT crypto currency… even tho both are arguably good investments Ethereum is good start to investing. Get familiar with shit coins too. Learn their stupid ass plots to scam. Also keep yo shit in a cold wallet.

r/CryptoCurrencySee Comment

"...never have to pay taxes again." What are you on? Why do you think he makes up excuses when pressed repeatedly to release his tax returns? Did you forget that the Trump Organization was found guilty on ALL CHARGES of TAX FRAUD by a New York jury just THIS MONTH? He's hasn't paid his fair share in a long time, why do you think this NFT collection is just now going to allow him to get away with tax evasion?

Mentions:#TAX
r/CryptoCurrencySee Comment

Two words that make them wet together. TAX AND REFORMS

Mentions:#TAX
r/BitcoinSee Comment

It might be possible but not likely... At least in the US... besides, there's the problem of TAX. Why dont you come to El Salvador and purchase a house to rent? We even have direct residence if you bring 3BTC

Mentions:#TAX#BTC
r/BitcoinSee Comment

They collect INCOME TAX. They can't just call me in and say, "Hand over your Bitcoin."

Mentions:#INCOME#TAX
r/CryptoCurrencySee Comment

TAX reason: E.G. in Austria with the new law only converting to FIAT triggers the taxable event while crypto/crypto isn't. When converting crypto to FIAT you have to pay taxes based on the first time FIAT got converted into crypto.

Mentions:#TAX
r/CryptoCurrencySee Comment

everything TAX-related depends on where you live - different Laws with each state. Maybe you are lucky and those are TAX-Free, but at the same time, it could be that you have to pay income tax or something similar. ​ But most important: as many other replies here: be aware of DMs and Dont tell anyone in your real world you can't 100% trust(greedy friends suddently want you to pay for everything).

Mentions:#TAX
r/BitcoinSee Comment

What the fuck do you expect? That the embodiment of Bitcoin itself burned and raped an entire village of innocents? ​ If the government spends $400 million of the TAX PAYERS HARD EARNED DOLLARS. And then that $400 million gets turned into $100 million because of a bad investment from the government that in turn hurts the people because that $300 million could have been spent on actual infrastructure, jobs & support for the citizens rather than having $300 million vanished into thin air because the value fell. ​ If you spent 68k of your personal money on BTC, and then the value fell to $16,000 you wouldn't consider that bad? Especially if you lived in a third world country where every single tax dollar goes an extremely long way compared to first world countries.

Mentions:#TAX#HARD#BTC
r/CryptoCurrencySee Comment

Right now i have no thinking about the TAX because of the long holding that i am going to do. Right now i am not thinking when i am going to sell any of these so pretty much of the radar to me.

Mentions:#TAX
r/BitcoinSee Comment

DUDE. 120K POST TAX is a lot for almost everyone even uber well off people. Wife and I make 600K/year and losing 120K would be a major windfall for us.

Mentions:#POST#TAX
r/BitcoinSee Comment

She’s right we should never use the word inflation, let’s call it what it really is, a fucking TAX.

Mentions:#TAX
r/CryptoCurrencySee Comment

Every country has different tax. In many countries you can cash out to bank and pay 10% tax. Or you can leave crypto (including stable coins) for 2 years and then u dont need to pay any tax. Or you can leave it in Stable coin and spend over lets say Binance card. But most importantly you need to check TAX for your country to get familiar with the law. And if its big money, you can change the country you live in. to pay 0 tax. but again, ask some lawyer about changing country if you plan to.

Mentions:#TAX
r/CryptoCurrenciesSee Comment

SPORTSMANIA_BSC $SPM PRESALE ON PINKSALE ⚽️SAFU|KYC|AUDIT ⚽️Min/Max:0.1/1BNB ⚽️HC:120BNB ⚽️TAX:5% ⚽️Partnership&HULK GEMS CALL ⚽️13AMAs booked ⚽️Big Marketing ⚽️Utility & Staking live at launch ⏱Start:17:00UTC 24th Oct ⚽️@sportsmania_bsc #6857

r/CryptoCurrencySee Comment

Here’s a few more things to consider. You have up to ~44k in TAX FREE long term capital gain income, double if you’re married Example, say instead your BTC doubled and your 40k investment had 40k in gains, 366 days after purchase. Tax free federally if you had no other income. Your interest to secure the bitcoin is a tax write off in the USA on schedule A of your 1040. If you itemize your tax deductions instead of taking the standard deduction, you can include this interest expense as a deduction for AGI. Instead of holding BTC through a financial product like grey scale or putting it in a retirement account, you’ve maintained its liquidity and are able to interact with web3 applications.

Mentions:#TAX#FREE#BTC
r/CryptoCurrenciesSee Comment

SPORTSMANIA_BSC $SPM PRESALE ON PINKSALE ⚽️SAFU|KYC|AUDIT ⚽️Min/Max:0.1/1BNB ⚽️HC:120BNB ⚽️TAX:5% ⚽️Partnership&HULK GEMS CALL ⚽️13AMAs booked ⚽️Big Marketing ⚽️Utility & Staking live at launch ⏱Start:17:00UTC 24th Oct ⚽️@sportsmania_bsc #6189

r/BitcoinSee Comment

Well so long story short a company thatbinwas dealing with which was called "optionwage" There web site was suspended then pulled down, no longer exciting...I had total of 158000usd dollars there Now most of that was profit. Just sitting there. I lost contact with the owners they took the money that i had sent them as TAX. So now I have this person come out of know where by the name of Tearman Scott who advises that he has a company with all mu past profits trasfered over to this company question https://www.marketwatchoption.com/ How ever he want me send him 650 usd via BTC for me to withdraw my past profits of 158000. So that is the story of why I need to know about this company and my interest with https://www.marketwatchoption.com/ Now I get a gut feeling that it is all Bull S**t !! Just another way of scamming..more money

Mentions:#TAX#BTC
r/CryptoCurrencySee Comment

I wonder how much TAX he will end up paying! Oh and Bitcoins price didnt even take a tiny dent.

Mentions:#TAX