@nyoungdumb Probably fine for sole proprietors without liability protection concerns but this route may not work great from a tax and/or legal liability standpoint for business entities
@agumXBT @OG_Etherean It’s not uncommon in crypto for people to have extended in April without paying their 2021 tax due because they didn’t know how much they owe yet
You realize they’re hiring 87,000 armed IRS agents because they realize the US is a failed society and they’re going to need enforcement to collect every penny they can as people try to hoard during the end stage collapse. It’s literally signaling what they expect to happen.
@LoganGrafTax Rarely deal with them but I think Form W-4 is a treat. It’s just like doing a tax projection. It’s more fun when you’re asked to help with 2 W-4s for a married couple who both have significant income from bonuses and non W-2 sources
@adammarkowitzEA I’ve lost count at this point but it’s a lot of clients and many were audited multiple years for unrelated reasons. Over 90% of these audits were for high net worth clients.
~$6,000,000 worth of $SOL and $USDC has been stolen from over 8,000 Solana wallets.
The hacker used private keys to drain user funds, in what has been one of the craziest and most mysterious hacks in recent times.
🧵: Everything you need to know about the $SOL exploit. 👇
So where does that leave us? The best candidate explanation so far is from Ava Labs' @_patrickogrady: A potential nonce reuse that ends up revealing the private key.
https://t.co/Xn8X9nDy38
There's an ongoing attack targeting the Solana ecosystem right now. 7000+ wallets affected, and rising at 20/min. Because it's very early and the attack is ongoing, there's a lot of misinformation and speculation. So here are a few thoughts and clarifications.
@javiert19253682@justincjw85 People need to buy on drop in order for there to be a secondary market though and if people don’t buy the drop then why would secondary prices be 10 gems?