#Trump presidency and your #crypto require considerations outside of "price goes up."
We've been in this game for nearly a decade & aim to ensure our crypto clients are not overpaying taxes.
Consultations: https://t.co/uOaC2Dud82
https://t.co/f4vNGG2dtU
Everytime busy season goes down, I make x in revenue from business and lose 1.5x from blackswans that are cosmically timed for when I am paying zero attention to the markets.
Says to self: "Cmon guy, your mainly in USDC, what's the worst that can happen" (See below)
Time is money, so save both: https://t.co/uOaC2DtFiu
-New individuals (1040/SCH C): 50% of fee acts as credit towards engagement.
-New businesses (1120S/1065): 100% of fee acts as credit towards engagement.
@callaway321 Sell anytime between now and 12/31 (but MUST be before 12/31 to harness loss) and buy back any time in 2023 (1/1/2023 and after)
The idea here is that the wash-sale rule (which applies to stocks) currently hasn't been applied to crypto for 2022.
This may change in 2023.
Happy Halloween Amigos!
Don't forget to harvest your #tax losses by or before 12/31/22
1) Burn your worthless #NFTs
2) Sell #ETH/#BTC b4 12/31/22 and buy-back in 2023 before the #washsale#loophole is closed
#cpa#bsc#sol#avax#matic#FTM
Lets talk: https://t.co/uOaC2DtFiu
𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐫𝐞𝐦𝐢𝐧𝐝𝐞𝐫: The IRS will 𝑁𝐸𝑉𝐸𝑅 reach out via phone call / email: Only via physical / snail-mail
Any correspondence via email or phone claiming to be the IRS 𝐢𝐬 𝟏𝟎𝟎% 𝐚 𝐬𝐜𝐚𝐦
Check with a #CPA or even the #IRS if you have 𝑎𝑛𝑦 doubts.
#tax
You know why you can trust me as a CPA? Because I've been rugged 5 times in 5 years (that's more than Cuban) so I will know how to vouch the blockchain to justify your losses. There are also strategies to book losses on #nfts that have been sitting in your wallet.
#crypto#taxes
Crypto taxation--Navigating all the layer-1 and layer-2 transactions is made simpler with some software, but it is irrefutable that an element of specialized knowledge/grunt work is required.
Consult with someone who understands the complexity of crypto: https://t.co/eZwp4E6BO2
New York and New Jersey state tax filing and payment deadline has been extended to May 17th, consistent with the revised Federal deadline.
Reach out today if you need assistance with your taxes
[email protected]
Very interesting video with a high-level macro discussion on anticipated demographic changes, and the effect these changes will have on the future of investing for gen-Y and gen-Z. Enjoy! https://t.co/oKUFGvvfBT
#investing#foodforthought#future#GenerationX
In New Jersey the police officers are protesting WITH the people shouting no justice no peace. This is how it should be, every police station should be walking with their community there is no excuse!
Within the next week, you will be able to receive your Economic Impact Payments from the IRS by simply going to this link: https://t.co/MWqs3ORqtH
AGI under $75,000 ($150,000 if MFJ) and you get the maximum $1,200 ($2,400 if MFJ); +$500 per dependent under 17 years old
We aim to answer a lot of questions we've been receiving about the #PPP and #EIDL relief that was put into effect by the #CARES act
If you're worried about your business's future, let one of our CPA & small-business experts assist you today!
https://t.co/qd2kmCEoPf
#CPA#loan
Per IR-2020-59-'People First Initiative.' Taxpayers under an existing Installment Agreement, may suspend payments due between Apr. 1 & July 15, 2020. The IRS will not default anyone during this period but interest will continue to accrue on any unpaid balances, as a matter of law