/biz/ - Business & Finance

>>58685238
Go to an accountant. Unless you want mentally ill poorfags with a 4-figure port telling you what to do with your 2m.

>>58685246

>t. 4 figures port

>>58685238
What's the name of this anime character with the prawns/shrimps?

Cash out to USDT so there's no wild fluctuations if you hit any delays, and go through your normal process to withdraw. I don't know of any reason why things would be held up "indefinitely", but if it's held up you always have the blockchain to track things and answer any questions. If you have a KYC account where you've already deposited and withdrawn money I wouldn't expect there to be any problem.

>>58685290
It's Osaka from Azumanga Daioh as far as I can tell. So you think they would be okay with me showing the blockchain and saying "this is what I did with the money I earnt legally"? They won't care that I bought some Uniswap coins? This is all hypothetical, mind.

>>58685238
I would get a second citizenship/passport somewhere like Panama or whatever. Before they issue your documents you can pay a lawyer to get your name legally changed in that country. Use those documents to form an international business corporation with bank accounts in TRNC or some other tax haven. From there you can just pay for everything with a credit card/checks from that bank account. Buying property might make things a little trickier but only if you're trying to buy it in your home country which I assume is USA.

>>58685339
>So you think they would be okay with me showing the blockchain and saying "this is what I did with the money I earnt legally"? They won't care that I bought some Uniswap coins?
If they have any questions about the source of the crypto then yeah, but it would be extremely surprising if that did happen at all IMO. That's the worst case scenario.

>>58685290
See?
This user is to young to be giving advice.
Fucking subhuman zoomer nigger doesn't even know what very popular and 4chan integrated anime she's from.
Hint, faggot, you can see her in banners.

>>58685530
It truly is sad anons don’t recognize banner anime these days. Anyways I’ve cashed out $20,000ish total, always registered it as long-term capital gains cause I’ve held it for longer than a year and I’ve had no issues, I think they (only) took out 10% or so. America of course. I also have $60,000 of ETH staking, never recorded staking gains cause I don’t know how. No issues, doubt the IRS cares or has the tech to care.

Just move it to your bank slowly. Make bigger deposits as time go by. Then declare your taxes as usual. Keep in mind that if you wait more than a year they'll go easier on you

>>58685246
i was just about to say this, i recently made a great sum of money playing panda roll (The idle nft game) and i instantly called my accountant, i've been trading for five years and know fuck all how to avoid the irs you mean to tell me you lot do? come on most people here cant even trade, you want THEM to give you advice? HA

>>58686223
>Just move it to your bank slowly. Make bigger deposits as time go by
this is literally the single worst advice that you can receive yet children with 4 digit poorfolios still give it to this day

I've never really done this kind of "subtle" tax avoidance/money laundering activity because I'm too much of a pussy and I'd rather the government just take away half of it to give away to fentanyl addicted black people and whatnot, but, in theory, if you deposit your initial capital into a relatively obscure wallet using something like XMR, and you use that money to do all your stuff which gets deposited to another wallet(s) in say, AGRS, LTC, TRX, which then you send to another wallet on another exchange to turn it all into XMR which then goes to another wallet on another exchange where you actually sell. Makes sense? Obfuscation like works or just makes you look guilty before proven innocent? Because nowadays you got platforms to look at everybody's movements with ease, so...

I guess you can simply do everything on a cheap laptop with TailOS installed using TOR and DEX exchanges exclusively, too. Just thinking out loud again I've never done any of this.

>>58685530
>>58685564
muh deep 4chin lore... yuo MUST read all the futaba manga, all 6812950195029 pages of some random child going on boring ass adventures, to understand my 4chinz lore..... You MUST watch unfunny anime only autistic weaboos find funny (Azumanga Daioh) and you MUST laugh and understand ALL the eastern jokes and references like me, because.... muh 4chin lore....

>>58685246
Do accountants have some sort of oat like doctors and psychiatrists usually do? Like you tell them "hey I got 2 million dollars worth of gamba money and I don't really wanna declare any of it" they can just choose to cover it up or stop working with you but never report you?

>>58688139
you will just delay the inevitable. laundering money with crypto was only really possible for your average joe with shit like tornado cash, mish-mashing a lot of people's money with one another then distributing it quietly either to the same wallet or another wallet somewhere else. shit was the first time normies got the opportunity to launder money easily without having to set up a plan to get away with it.

>>58688157
unless you pay them good under the table no, they don't have any oat or anytthing keeping them from snitching on you. which they will, eventually

>op asks for ways to hide his earnings from the gubermint
>"hire le accountant :D le better than le mentally ill 4 fig biz idiot xD!!"

>>58685405
It can't be this easy can it? Feds will knock at your door right? This sounds like I've heard it before on shows and movies, specifically Wolf of Wall Street. It can't *actually* work like that right?

>>58688139
Yeah no obfuscation will only make them angrier once they have all the proof necessary. Doesn't matter if you move your money on AGRS, LTC, USDT or what have you.

>>58688178
well belfort at the end of the movie gets caught for something unrelated to him sending his cash to a tax haven in switzerland so...

>>58685238
Just keep it in a trusty exchange and take out like 5k every week or something. Just don't throw a shit ton of cash at your bank instantly and you'll be fine.

>>58685290
Keep in mind that if you are already moving money into anything with kyc in it you are already being watched so just be careful op.

>>58688154
Yes.
Lurk and understand where you are before posting. What's the problem?

Nigger.

>>58685238
I honestly believe that it is going to be very difficult to move so many dollars without being taxed. I don't see many alternatives that are legitimate..

>>58687265
Literally it's bullshit advice haha, we're talking about how optimal it is to launder that money (in the faster way possibly).

>>58685238
follow the most reliable advice, that of our good friend Walter White.

>>58688485
Tt doesn't seem very easy to buy a carwash kek

>>58688178
At this point I don't know whether to listen to the advice on biz or apply what the movies have given me.

>>58688454
well at least he SUGGESTED something, before attacking him why don't you give at least an advice?stupid ass.

>>58685339
>Osaka from Azumanga
OMG I fucking love osaka, long live animu

>>58685238
Set up a home business that is not very profitable but profitable enough that you can clean your money through it (as if it were a real income from that business when in fact it is not).

>>58688626
I would set up a stuffed potato stand like the spudbro's.I would become rich.