In the last 24 hours, Bitcoin reached a market cap of $1.752 trillion to become the world's eighth largest asset, surpassing silver. As the Crypto market goes mainstream, it's never been more important for tax authorities to understand it. Today, IVIX CTO Andrey Shomer kicks off a new blog series, Taxing Crypto 101, outlining what tax authorities need to know. Check out his first post on Crypto Revenue Streams: https://lnkd.in/gpQzyJ5h #tax #crypto
IVIX的动态
最相关的动态
-
Missed our livestream "From Bull Runs to Taxes: Trading Bitcoin Without the Handcuffs"? Catch up now for an insightful session on how Bitcoin is being traded and used like traditional currencies, with a special focus on tracking transactions and tax compliance (NOT tax advice!). In this clip, Max Markoff from Gordon Law explains the basics of reporting crypto income and the importance of keeping detailed records when getting paid in Bitcoin or other cryptocurrencies. Watch the full session to get a deeper understanding of responsible Bitcoin trading and how to navigate tax implications. Link in comments. #CryptoCompliance #BitcoinTaxes #BlockchainEducation #CBP
-
Chicago Attorney Focusing on Cryptocurrency Law, Tax Law, Corporate Law, and Asset Management.
I joined CryptoCurrency Certification Consortium (C4) to discuss the basics of reporting crypto income for businesses and individuals, and the importance of good record-keeping #crytpo #law #accounting
Missed our livestream "From Bull Runs to Taxes: Trading Bitcoin Without the Handcuffs"? Catch up now for an insightful session on how Bitcoin is being traded and used like traditional currencies, with a special focus on tracking transactions and tax compliance (NOT tax advice!). In this clip, Max Markoff from Gordon Law explains the basics of reporting crypto income and the importance of keeping detailed records when getting paid in Bitcoin or other cryptocurrencies. Watch the full session to get a deeper understanding of responsible Bitcoin trading and how to navigate tax implications. Link in comments. #CryptoCompliance #BitcoinTaxes #BlockchainEducation #CBP
-
In this Weekly Update, Corbin Fraser dives into the biggest #Bitcoin and #crypto updates, including: - Fallout from the #Trump assassination attempt and its impact on the TRUMP #memecoin. - The German government selling its last batch of #BTC and how institutional players like B2C2, Flow Traders, and Cumberland DRW absorbed 88% of the sales. - Mt. Gox estate transferring $3 billion in Bitcoin and $53 million in #BitcoinCash ahead of a big distribution. - The struggles of Bitcoin miners with earnings plummeting since mid-June. A significant drop in Bitcoin transaction fees to below $2 for the first time in over 250 days. ...and more! Don't forget to join our Discord for a chance to snag awesome prizes, including $1,000 in cash for the month of July, exclusive Verse Voyager #NFTs, and more ? https://lnkd.in/gMW7pE4G
-
Navigating the world of crypto with confidence & expertise | Founder & CEO of Collective Shift | Helped 1000+ investors maximise their returns & create a winning portfolio strategy
The Bitcoin halving is only 18 days away. We doubled our biggest month ever in March (the wildest month I’ve ever seen). And yet the peak of previous bull markets is 12-18 months AFTER the Bitcoin halving. What an exciting time to be on the forefront of crypto. Bring it on. #crypto #business #scaleup
-
-
Remember those early days of crypto when exchanges were offering sign-up bonuses? I grabbed a ?11 Bitcoin bonus back in 2021 and totally forgot about it. ?? Fast forward to today, and that ?11 has grown to ?35.64 – not a fortune ??, but still a good reminder of how unpredictable (and fascinating) the crypto world can be! Curious about how crypto works or just want to understand the basics? I’ve written an article that breaks it all down. Check it out here! ?? https://lnkd.in/gpB8EUsc
-
-
"Stamps is the way to go" Good For #Bitcoin co-host @longstreet_btc reflects on the differences between Ordinals and Bitcoin Stamps after last week's Leather Lounge. PS: Pruned = Removed #BitcoinStamps #SRC20 #BitcoinNfts #Bitcoinmemecoins #BitcoinTokens
-
?? Did you know? One way Canada treats cryptocurrency trades is by applying capital gains tax. If you sell your crypto at a profit, you're taxed on that gain. Selling at a loss can offset other capital gains. Remember, this is just one approach to crypto trading taxation! At RMI LLP, we're here to help you navigate the complexities of crypto accounting. Reach out to our team to make sure you're on the right track. ???? CryptoAccounting #CapitalGains #CryptoTax #RMIllp #CalgaryAccountants
-
-
Partnering, equity investing and working with web3 digital-asset companies. Organisations who are innovating traditional business models to be ready for tomorrow’s future.
D141: Even the Pros Have Regrets... On the most recent All-In-Podcast Chamath Palihapitiya, reflects on his Bitcoin sale back in 2014: "Honestly, I think about all the Bitcoin I sold." "I had a bunch in my funds, and that's a $3-$4 billion mistake... and growing now." "I shouldn't have sold it. It would have made them a lot more money." "And then I think about... I bought some land in Lake Tahoe. How much is that worth now? Probably a couple hundred million dollars, maybe more." https://lnkd.in/gZDUmb-y Even for the best in the business, hindsight is 20/20. Chamath’s story is a humbling reminder that holding through the noise isn’t always easy—but it might just pay off. They say betting against Bitcoin long term is like betting against the internet in 1995. Could you hold, or would you cash out? #Bitcoin #Investing #LessonsLearned #DigitalAssets
-
Former Editor, Palm Beach Confidential, Crypto and Wall Street Expert, Trader. #Bitcoin
I'm super excited about the launch of options on Bitcoin! ???? If it were fully priced in, Bitcoin would be trading at $100K, so it’s still incredibly cheap right now. Buy the dip! ?? I bought more Bitcoin yesterday because it’s the lowest-risk, highest-reward play in crypto. There’s nothing that beats Bitcoin at the moment! ?? For more insights, click the link in my bio for Big T Convergence and get my most important warning of 2024 before it’s too late. #BitcoinOptions #BuyTheDip #CryptoInvesting #BitcoinBull #CryptoStrategy #LowRiskHighReward #FinancialGrowth #FutureOfFinance
-
?? CRYPTO BYTES 18.06.2024?? ?? US SEC pushes back against Ripple's efforts to lower its fines saying the firm 'is agreeing to nothing' https://lnkd.in/dhcbBj2M ?? Coinbase starts offering pre-launch markets trading on its international and advanced exchanges https://lnkd.in/dVQ76mct ?? Memecoin leverage trading protocol Wasabi raises $3 million led by Electric Capital https://lnkd.in/djAh3vVs ?? JPMorgan: US-listed bitcoin miners hit $22.8 billion market cap amid rising hashrate share, AI opportunities https://lnkd.in/dY7ieBnR ?? ZKsync token goes live with $925 million market cap following airdrop https://lnkd.in/dsWXc3aS ?#crypto #bitcoin?#ethereum
-
