David Zareh

Co-Founder of OnChain Accounting & Founder of The CPA Group

[David Zareh @CryptoCPAguy]

🧵 2 years ago, I took a leap of faith. I left my TradFi position without a plan. Called my boss and said "I'm done!"

My doctor/lawyer friends all called me an idiot.

Here's my journey to becoming the founder of the #1 Crypto Accounting firm in the US.

👇🚀 #MyCryptoJourney

[David Zareh @CryptoCPAguy]

@ankurnagpal 👋

[David Zareh @CryptoCPAguy]

⚠️ Failure to Pay: 0.5% per MONTH – and it NEVER stops.
⚠️ Interest? DAILY. COMPOUNDING. It’s like they WANT you drowning in debt.

And guess what? They don’t need baseball bats to collect—they’ll freeze your bank accounts, garnish wages, and take your house. 🏠💀

[David Zareh @CryptoCPAguy]

🔥 The IRS is the Biggest Loan Shark You Never Signed Up For! 🚨💰

Think payday lenders are bad? The IRS makes them look like amateurs. 😱💸

💥 Here’s how they trap you:
⚠️ Failure to File: 5% per MONTH (up to 25%!) – worse than your credit card!

[Reidar @ReidarDAO]

(1/10) What is ReidarDAO?

ReidarDAO is a highly-curated multipurpose investment DAO that allocates capital to blue chip digital assets, produces content surrounding these investments, and incubates in-house projects.

[David Zareh @CryptoCPAguy]

@21Mx100M @OnChainAccountg 👍👍👍

[Munk Miner @munkaryeh]

📢 We’re hiring!

@OnChainAccountg is looking for #accountants who are passionate about #crypto. 🚀

✅ Full-time
✅ Remote
✅ Work with a team shaping the future of finance
If this sounds like you, check out our career page and apply today! 🌐 https://t.co/Vd5LWvtuaH
#CryptoJobs #Accounting #RemoteWork #Web3

[David Zareh @CryptoCPAguy]

@dannydeezy https://t.co/ol1e9o6IYj
Let them know!

[David Zareh @CryptoCPAguy]

@OnChainAccountg Never overpay due to miscalculation of your capital gains/losses!

[OnChain Accounting @OnChainAccountg]

1/ Understanding tax lots is crucial for crypto traders. They track the cost basis and holding period of each trade, essential for accurate tax reporting. This helps you choose which assets to sell based on tax implications.

[David Zareh @CryptoCPAguy]

@21Mx100M @X @OnChainAcctng @5elon_musk why did this happen? X needs to fix this as we are a completely legitimate US based business.

[Munk Miner @munkaryeh]

Can you please help me get @X staff attention?
Our company account @OnChainAcctng has been suspended for 6 months. I went through the appeal steps multiple times but it did not work. Our account was wrongfully suspended, we did not violate any rules. No reason was provided by X for the suspension.

If you can retweet, like, and tag anyone you know at the X organization, I would very much appreciate it. I hope this gets @elonmusk attention. Thank you!

[David Zareh @CryptoCPAguy]

What are the best crypto events in the world to attend for the second half of 2024?

#bitcoin100k

[David Zareh @CryptoCPAguy]

The IRS just released line-by-line finalized Form 1040 filing stats.

2020 tax returns:
- 2.3M checked "Yes" to the crypto question
- 157M said "No"

2021 tax returns:
- 6.6M checked "Yes" to the crypto question
- 152M said "No"

I wonder what 2023 will be??

[David Zareh @CryptoCPAguy]

#taxtwitter

[David Zareh @CryptoCPAguy]

#taxtwitter do you know anyone looking to sell their cloud-base bookkeeping or tax firm? Please shoot me a DM if so!

[David Zareh @CryptoCPAguy]

@ZetaMarkets @solana @JupiterExchange @PythNetwork @deBridgeFinance @MadLads @tensor_hq @assetdash @SuperteamDAO @Whatdowedo22 LFG $Z
@ZetaMarkets to the 🌕

[David Zareh @CryptoCPAguy]

@ZetaMarkets @solana @JupiterExchange @PythNetwork @deBridgeFinance @MadLads @tensor_hq @assetdash @SuperteamDAO LFG $Z @elonmusk

[David Zareh @CryptoCPAguy]

#smbtwitter how good or bad of an idea is it to have GPT create an LOI for a business on purchasing? It’s non-binding but are there any real risks or should I suck it up and pay an attorney to review it?

[David Zareh @CryptoCPAguy]

#taxtwitter do you know anyone that is looking to sell their bookkeeping business? I’m in the market to buy one!