/biz/ - Business & Finance

>>56935681
>don't report crypto cap gains
>haha they'll never catch me
>is stupid
>actually gets caught
>has to pay back everything they would have otherwise had to pay, plus tip

>the time you have to buy bitcoin that you can sell later with long term capital gains tax conditions is rapidly coming to an end

pay your fair share!

https://www.reuters.com/markets/us/biden-administration-unveils-new-crypto-tax-reporting-rules-2023-08-25/

>>55866725
>>55866727
>not reporting gold on your taxes

high risk, low reward

>>55762151
there are easy ways to get caught. and when you get caught they will just take everything you should have paid at first, plus a fine, plus possibly jail time

>>55532654
yes, anything you do to improve or maintain the property is a tax write off

>>55472947
probably not.

>hmmmm, this guy owes a lot of taxes and we can't contact him
>ok let's just check his addresses he's ever used with various state agencies and also subpoena his financial institutions and ISP for all his information
>go to a judge
>hi your honor we have good reason to believe in our experience that this dude is avoiding us and we are just trying to get him to pay up; can we have a warrant?
>ok for sure prosecutor friend, here is a warrant to search all his properties
>feds come by and make an arrest or seize stuff

not too hard to do. maybe bongland is different

>>55366863
HEY! EVERYONE PAYS THEIR FAIR SHARE.

>>55204450
the tax revenue on a $1 trillion+ industry is pretty nice

>>55115694
because we're good for it

>>54711463
https://www.reuters.com/technology/crypto-must-end-anonymity-illicit-finance-us-regulator-says-2023-04-25/

>>54707009
the summary is that world governments want to stop people from sidestepping sanctions, buying illegal things, and making sure you pay your fair share

>>54650181
no.
>score 160+ on the lsat to get into any good schools or why bother
>3 years of tons of reading and writing
>make sure to get internships during your school to have a better shot after school
>work for, and do well at, a small branch for a few years
>start your own practice or apply to a big one
>the whole time you are just reading as much case law as you can

The people in that photo are still only salaried employees. idk how dominion is set up but maybe or maybe they won't get paid a bonus for this

>>54572204
it's really as easy as
>buying a nice new house in full
>buying a sick new car in full
>buying full coverage insurance for it all
>putting some aside in investments
>have a little left over for fun

how do you fuck that up?

>>54556596
>>54556581
>>54556543
bro the text on the right straight up says they are valid obligations of the city of greenville, sc. go talk to an inheritance lawyer

>>54310783
probably just a fine and back taxes. talk to a lawyer that specializes in audits before talking to the irs directly

>>54286943
I read the announcement, all it's saying is that a lot of exchanges out there don't submit financial statements or do audits. They do proof of reserves which is easy to fake to look good. they also talk about misleading statements by exchanges, and then a bunch of other (what should be) obvious investor advice.

>>54102240
congrats OP

>>54019967
>>54020029
this, op. you bought with an intent to hodl for intense gains in the long term, right? long term capital gains is tight as af

>>53830303
>>53830518
I mean sure, fuck taxes but
>public ledger
>exchanges that record your IP and a bunch of other stuff about your rig
>banks and financial institutions that do the same as above and more
>you still have to on/offramp
>doing all this and risking a bunch of fines/jailtime/a record so you can save a measly couple of % of tax

>>53639610
not all employers report how much (if any) taxes they withheld for you, and you might do things in the year that are taxable that they don't know about. they basically want your legally binding word that "yes, this is how much I owe/am owed this year".

>>53624611
>>53624647
>>53624661
>>53624704
>>53624754
>>53624800
>>53624812
>>53624818
>>53624828

you think taxes in the USA suck? check out China's fa piao system https://www.thebeijinger.com/blog/2019/08/29/what-is-a-fapiao-and-when-do-i-need-one

>>53607166
i bought some tesla in 2019 or so and then i sold it right at the top when they announced that hertz deal

>>53562356