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14 Oct 2021 2 minute read 1 comment SeventyFourSeventyFive
A couple of quotes from the Founding Fathers and some Presidents on taxes. While they all seem to state their understanding of the need for taxes, the usual idea is that it is on the onus of the government to tax as little as possible, respect the i...
9 Oct 2021 2 minute read 3 comments SeventyFourSeventyFive
Beginning in January 2022, anyone who sells more than $600 worth of goods through on the online auction site or rivals like Etsy or Facebook Marketplace will receive a 1099-K form, detailing the transactions for the IRS. For now, only sellers who mov...
18 Aug 2021 1 minute read 0 comments nealmcspadden
7 months ago, I wrote this post: https://leofinance.io/@nealmcspadden/btc-monetization-stories-part-73 And this morning, I'm in a seminar with the IRS about what they call "Virtual Currency." The presenters from the IRS have actually advanced quite...
17 Aug 2021 1 minute read 0 comments Crypto Wombat
I see a common misconception in the crypto space when people start learning about crypto taxes that they think every time they make a trade, swap, or sell they are losing more and more money to taxes the more they move money. This is not always the c...
![Taxable Event does NOT always mean Pay More Taxes [US]](https://www.publish0x.com/img/629720.jpg?action=fit&ar=1&h=287&inv=0&ori=1&st=1&up=1&w=510&signature=9a02e940c687513165d0654e36d5cd5d8c8158c528455f39a22c7f4e8a04e835)
16 Jun 2021 6 minute read 0 comments nealmcspadden
How much do you really have to make to beat unemployment and kid credits? In this video, I run through some of the analysis of that question. Of course, it varies by state. It will also vary on whether or not the feds are kick...
26 May 2021 1 minute read 0 comments SeventyFourSeventyFive
Sorry, I am starting with a boring quote, but, it is quick. Randal Quarles, the Vice Chair of Supervision for the Federal Reserve made the statement “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking...
12 May 2021 1 minute read 0 comments Cryptologyst
Let's go back to 2016. I was 27 years old and living in my parents basement. I was unemployed at the time and daytrading cryptocurrencies , more specifically altcoins. ( Alternative coins) e.g., siacoin , digibyte, ripple, stellar, litecoin,...
27 Apr 2021 7 minute read 0 comments SkyHigh DeFi
If you’re in your early to mid-20s, how often do you think about the future? Are you lost in the hustle and bustle of the present? Focused on the here and now? There’s nothing wrong with enjoying yourself, but the reality is that as we age, it’s impo...
17 Apr 2021 4 minute read 0 comments WinterYeti
I caught a story this morning on DeCrypt regarding Miami-Dade County considering accepting Bitcoin to pay property taxes. While the step is long overdue given the fact that BTC and other coins are fast becoming alternative means to pay for goods and...
26 Mar 2021 4 minute read 2 comments Phul
Making this thumbnail may have gotten slightly out of hand, but it's safe to say that I had some fun with it. I am a certified public accountant (not an artist) that is based out of New Jersey, and I'm continuing my extensive guide covering the inter...
