36 Articles 0 Followers
22 May 2024 2 minute read 2 comments SeventyFourSeventyFive
Most definitions of the Tax Gap state it is the difference between what a person should pay compared to what they actually pay. Using the word ‘should’ in the definition leaves it a little ambiguous, but, that is an argument for another day. If you...
25 Apr 2024 1 minute read 0 comments Fast Heart Mart
It's tax season AGAIN. Are all the taxes we pay constitutional? Should citizens be required to pay taxes to a government that they know is corrupt? All these topics were covered on this episode along with some songs. Songs: 1 Everybody Knows by Leona...
7 Oct 2023 3 minute read 0 comments Coins Reporter
Bitcoin may or may not have clear regulations that can define its asset class, but most of the crypto community would agree to consider Bitcoin as property. Bitcoin behaves like money in some respects, and legally, money also represents a form of pro...
18 Aug 2023 1 minute read 0 comments LibertasBella
What’s that? You don’t like the IRS? You want us to be … defunded? That’s okay! We have already traced your IP address and are currently inventing several creative new ways to audit you. That coffee ring your accountant left on your W-2 back in 1998...
4 Jul 2023 1 minute read 0 comments Coinpaper
IRS is chasing tax evasion in the crypto market. The agency obtained a court order obligating Kraken to disclose extensive personal user data and transaction details.The Internal Revenue System (IRS), always eagerly looking for opportunities to fill...
9 Jan 2023 1 minute read 1 comment InsideCrypto
Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we are joined by Micah Fraim, he is obsessed with crypto and NFTs and is involved daily as an inve...
30 Dec 2022 1 minute read 1 comment CodyMac50
A few weeks ago, I created an account on Medium just to see what it offered. After a post here from someone, I cant remember who, probably PVM, I got curious...As it turned out, my curiosity was met head on with rules and regulations. But that wasnt...
18 Aug 2022 2 minute read 2 comments kev_nag
On Aug. 15, 2022, a federal court in the Central District of California entered an order authorizing the IRS to serve a John Doe summons on SFOX, a cryptocurrency prime dealer headquartered in Los Angeles, California, seeking information about U.S....
11 Nov 2021 1 minute read 2 comments SeventyFourSeventyFive
The second installment in working through the new infrastructure bill. Kudos to you if you got the Hot Shots reference. The bill expands a section of the U.S. tax code called 6050I to include digital assets. Now, there was a whole lot of noise abou...
10 Nov 2021 2 minute read 5 comments SeventyFourSeventyFive
The Infrastructure Bill Passed last week and in what I can only call a bait and switch, at best, the government is going to go after your crypto earnings. The idea is that they will help pay for the bill by taxing crypto (I have never been against p...
