Jordan Bass

Considered taxable events: - Selling crypto for fiat currency (i.e. USD) - Trading BTC for ALTs or ALTs for BTC - Using crypto to buy goods or services - Receiving crypto due to a fork or as a result of mining

@buyerofponzi @blknoiz06 Tax advisory important. Proactive not reactive.

I have a good friend who carried a $95m tax bill ($250m+ gain) last year he paid under $15m LEGALLY allocate capital, utilize leverage and depreciate

@big_duca Get it

I’m don’t like losing. The facts: - Awaken: 1x - Zenledger: 5-10x - CTC: 20x - Coinledger: 25x - Koinly: 75x - CoinTracker: 100x Our strategy this upcoming year is to make a dent in that.

@TheranosOnSol @Stacco__ @launchcoin @M7Bones Need a CFO?

Theranos Theory™️ @launchcoin has devolved into effectively a GoFundMe for Web2 developers. Effectively, 99.99% of launches on the platform are either small pet projects with little to inherently no value or straight up vaporware. Everyone keeps calling X the Fartcoin of Believe, but in reality every coin deployed from Launchcoin is a Fartcoin. There is no value, there is no equity, hell there isn’t even supply control. I have yelled from the hilltops repeatedly that without any of these coins promising equity/revenue back to holders they are effectively just memes about real companies. Thus, I present to you: Theranos Theranos is the exact embodiment of what is happening with the Launchcoin meta; and a meme that can out live this meta. Theranos was a company founded by a 19 year old woman named Elizabeth Holmes. She raised $700m from investors with a revolutionary new way of testing blood. All of it? A lie. There was absolutely no tech. People just chose to BELIEVE the claims without seeing results. At peak her company was worth $9B. I can think of no better narrative than the company who brought pure vaporware to its absolute limits, as the true successful coin in this filth infested meta of pure vaporware. What Elizabeth did is absolutely no different than all of these Belive coins. The hilarious cherry on top? The dev of @TheranosOnSol is using the Believe fees to buy back the chart and prepare it for CEX listings. Ironically, doing significantly more than all of these launches; and validating my theory that these launches need revenue return. Just like a stock. My target? $9B of course. As this is what Elizabeth’s company was worth, and both Theranos the coin, and the stock, are fundamentally worthless. My average is high at 3.69m. I don’t care. This is the one.

@NFTwap One tiny drop changes everything.

@blknoiz06 @grimace85 Pull up

@grimace85 wheres that

ok whats the best suburbia in the US of A

@ParallelAiRev What do you need specifically?

Who is the best Business & Taxation attorney/advisor that is familiar with crypto that you know?

@NFTwap 😬

@CryptoTaxSucks Good 🧵

Crypto tax sucks. So let me make it easy for you. 🧵Here is everything you need to know about crypto tax in the US

@frankdegods Top of the 6th. Market retrace during 7th inning stretch in q2. Late inning fireworks through the end of the year.

or maybe 6th inning more accurately today is just a sign of what's to come internet capital markets

uhhhh ok realistically, 7th inning still plenty of time in the game and it could go to overtime

@Rhoneus @muzzyvermillion Saw this with Shoggoth

Good example of this is Jingtao. He gets great insider info/ is always early But he is so early he takes his easy win and sells early. Many times u can just buy the token he talks about on the first 70% dump

@beausecurity @AwakenTax Can help with this

Apparently it's going to be a rough year for taxes. Anyone else getting this issue with @AwakenTax?

@CryptoTaxSucks Good thread 👍🏼

You have about 29 hours left to reduce your tax bill for 2024. But how do you do it?! 🧵Here's everything you need to know about tax loss harvesting in one place 👇

@PocketChange_gg Good Tool.

@AgentChud Chud, woke leftists on tiktok banned me for posting my artwork (below). I poured my heart and soul into this drawing, as a thank you for making X such an incredible place. Ad astra!

@muzzyvermillion Virality^

@muzzyvermillion Agree with this. Think Sootcase will perform similarly. Interesting to track lifecycle of meme vitality and price action on these tokens.

@NFTwap t4t

@cobie Noted.

If you are an accountant and you find sell orders for bitcoin at $99k in your client's records then you should fuck up their taxes intentionally so that they go to jail

@ColeThereum 🖐️

Crypto tax software still sucks somebody please shill me something good

The tokenization of time for professionals is an obvious and practical use case. If you have any tax-related inquiries or need assistance, I'll be available on @moolah leading up to the deadline and beyond: time.fun/TaxingCrypto