#bitcoin #crypto #cryptocurrencies
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Hot off the press – IRS just extended the tax filing deadline to July 15, so it’s now filings and payments.
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/irs-extends-tax-deadline-to-july-15-from-april-15-143136026.html
Taxpayers that are expecting tax refunds (which has been about 75% of taxpayers historically) can still file now and get their tax refund processed immediately.
Who wants to talk about taxes right now ? Not me .
Is minting a token a taxable event? Example ETH to HEX.
I used Taxbit this year. I did have to manually create/upload a few transaction files to plug in gaps in my transactions cost basis (some of the Coinbase Earn stuff didn't show up correctly for some reason). But it was easy to message them and converse with them and troubleshoot those issues. Overall I thought Taxbit was great and I'd definitely consider using them again. It made all the stress of crypto taxes a lot more manageable.
Why would any of you pay taxes? So the bankers can bail themselves out and continue paying off all of their puppet politicians? Let me guess, you still think that your tax money is spent on things like "schooling" and (military) "protection" (maybe for Israel, but they certainly aren't protecting us or our borders)? Ha! You gullible brainwashed G 0 Y I M. The bankers told/taught you everything you think you know, so it stands to reason that you sheep would still be as blind as they need you to be.
Yes, lets pay taxes to our corrupt governments so they can lock us down based on fear and manufactured crisis. Let's even give them monetary gains we make on our scarce assets like crypto because they devalued their currency so much. Taxes.
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