Tax

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Tips and Tools to Calculate Your Crypto Profits

24 Nov 2021 5 minute read 1 comment ChangeNOW

When you sell your cryptocurrency at a higher rate than you’ve bought it, it’s not always clear how much money you’ve gained. There are a lot of numbers to keep in mind, and some investors ignore them. However, being aware of the exact amount you’ve...

The US Government Sneaks In Cryptocurrency Regulation Late Friday Night And It Will Be Felony Not To Comply

7 Nov 2021 1 minute read 5 comments SeventyFourSeventyFive

It has been a while since I have written on this, and probably been awhile since most people have given it much thought. Remember a few months ago when everyone got worried about how the infrastructure bill included some regulations on cryptocurrency...

Medical Neofeudalism: Why Covid is (not)Just Another Tax

7 Sep 2021 2 minute read 1 comment VVoytila

Think about it. The millions and millions of dollars flooding the medical sector from both private and public coffers. From manufacturers of surgical equipment (masks) to testing labs (all the mandatory tests) to the great pharmaceutical companies (v...

Congress Slips In Crypto Regulation Into Upcoming Bill

30 Jul 2021 1 minute read 2 comments SeventyFourSeventyFive

Do you think you support the 1.2 trillion infrastructure plan proposed by the US Government yesterday? Well, it was actually the first of many hurdles to get it passed, but it did allow us to see some of what they want to make happen.  So, how does a...

A Fresh Cup Of Coffee Doesn't Have To Cost $2

1 Jul 2021 5 minute read 0 comments SweptOverNiagara

It was almost 20 years ago, when I was enrolled in college and struggling to make every penny count, that I realized how much I was spending on my daily hit of java. Every day,  I would line up at Tim Horton's (Canada's most successful coffee chain)...

G7 Tax Deal: From Global Tax to Global Government

16 Jun 2021 9 minute read 2 comments TheCorbettReport

G7 Tax Deal: From Global Tax to Global Government   by James Corbett - corbettreport.com   Imagine if you spent months planning an elaborate 50th birthday party for yourself—hiring performers, decorating your place and inviting everyone you know—and...

El Salvador Becomes First Country to Classify Bitcoin as Legal Currency

9 Jun 2021 1 minute read 3 comments AverageVancouverite

Voting 62 out of 84, the Congress of El Salvador has approved President Nayib Bukele's proposal to officially classify Bitcoin (BTC) as legal currency, becoming the first country in the world to formally adopt the cryptocurrency. In 90 days, Bitcoin...

Biden Administration Calls For International Action On Crypto Tax Evasion

3 Jun 2021 4 minute read 60 comments Vendata

Thumbnail Source: https://www.bbc.com/news/world-us-canada-54774814  The Biden administration has called out to the world for international cooperation on crypto tax evasion by sharing data, striving to beat crypto tax evasion - a massive issue for t...

Crypto for Newbies: Part 6 - Tax For Australian Crypto Investors

2 Jun 2021 5 minute read 0 comments FrMkII

This is a series of guides for crypto newbies, with a focus on investing in Australia, although a lot of the advice will be suitable for a global audience.  This is a guide from the point of view of people new to the space, without in depth knowledge...

Lawsuit filled against the IRS claiming that mining and staking aren't taxable until traded

27 May 2021 2 minute read 6 comments Lukros76

So, reading the title you might be saying "that 100% makes sense, no taxes!" and I'd like to agree with you, cause that is the best possible outcome, but we've gotta look at it without our crypto loving bias so let's see what's up. A couple from Nash...