JeffC7.eth

Crypto/NFT Tax Accountant by day | Defi & NFT Avocet by night | Degen by very late night

[JeffC7.eth @JeffC_7]

To all my Aussie frens 🇦🇺

Are you considering to set up a business structure for your Crypto/NFT trading to help minimise your tax and you’re not sure where to start?

Here is a quick thread focusing on when, why, and how to set up a company in Australia:
#cryptotax #NFTtax

[JeffC7.eth @JeffC_7]

Aussies are being scammed into becoming "money mules," helping criminals launder cash through a boom in crypto ATMs. Meanwhile, the ATO is cracking down on GST fraud that's racked up billions. #cryptocurrency
https://t.co/4krXNCmQvK

[JeffC7.eth @JeffC_7]

@realDonaldTrump It’s working now

[JeffC7.eth @JeffC_7]

Happy Tax Season to my fellow Aussies.

#cryptocurrencies #cryptotax #australiantax #tax

[JeffC7.eth @JeffC_7]

It would’ve been bad if I didn’t get 100%
#cryptocurrency #cryptotax #australiatax
#austax #cryptocurrencytax

[Swyftx @SwyftxGlobal]

We are making tax time 'less cryptic' this year by partnering with @CryptoTaxHQ 🤝🧮

Check out our 2024 EOFY Learn & Earn course and score $5 worth of #Bitcoin whilst learning how to declare it 👉 https://t.co/ExVe5bJ13d

[Swyftx @SwyftxGlobal]

We are making tax time 'less cryptic' this year by partnering with @CryptoTaxHQ 🤝🧮

Check out our 2024 EOFY Learn & Earn course and score $5 worth of #Bitcoin whilst learning how to declare it 👉 https://t.co/ExVe5bJ13d

[JeffC7.eth @JeffC_7]

If you are providing liquidity to a protocol, wrapping tokens or loaning crypto assets, you might want to check your crypto tax software for those transactions to make sure you don't over paying capital gain tax.

https://t.co/idFQTpxJKE

[JeffC7.eth @JeffC_7]

Aussie Aussie Aussie ⚽️🌏🏆

[JeffC7.eth @JeffC_7]

Some of y’all Degens be wildin with your tax

[JeffC7.eth @JeffC_7]

@HanweChang Just DMed you👍🏼

[JeffC7.eth @JeffC_7]

This will get me warm in this crypto winter

@memeland #treasuremapz #d96747b2

[JeffC7.eth @JeffC_7]

Kaizokuō ni ore wa naru!🏴‍☠️😁👒

If you know, you know.

@memeland #memelisted #2d46c0c

[JeffC7.eth @JeffC_7]

@m1nn1er1dsy Ikr! You’re welcome 😎

[JeffC7.eth @JeffC_7]

@m1nn1er1dsy New iPhone??

[JeffC7.eth @JeffC_7]

Japan!!!!!!

[Alex Roytenberg, CPA - 🛡️ @TheNFTCPA]

🚨❗️🚨If you use @FTX_Official download CSV export of all your transactions ASAP. If you don’t have these details tax compliance is going to be close to impossible. If you are not able to process any withdrawals also take a screenshot as support. 🚨❗️🚨

[Summ @summ_app]

🔨 Here's yet another product roundup. We're proud to announce that the following features have been implemented in the past 2 weeks 🔨

A thread 🧵

[Summ @summ_app]

This is a PSA: 🇦🇺 Two weeks to go until the individual tax deadline for Aussies! 🇦🇺

Get your crypto taxes done frens.

[Summ @summ_app]

🔨 Here's yet another product roundup. We're proud to announce that the following features have been implemented in the past 2 weeks 🔨

A thread 🧵

PS. This is our biggest release yet!

[JeffC7.eth @JeffC_7]

This may trigger lots of Australian taxpayers to amend their tax returns, where they have declared Airdrops as income, and claim refunds.

[JeffC7.eth @JeffC_7]

🇦🇺 The ATO has updated their guidance on Airdrops last week.

The new guidance distinguishes airdrops between 'established tokens' and 'initial allocation tokens'. The airdrop of initial allocation tokens aren't ordinary income according to the ATO. https://t.co/wmdsAYtvOC