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Forum Index Profile for :: brahexunim1970 Avatar All about brahexunim1970 Ranking: Registration date:  25/06/2024 09:19:29 Number of messages posted:  No posted messages available Created topics: No topic created Website:  http://cryptectum.com/ Biography: We wish you all a very happy new year! Unfortunately, the new year also brings a new law that is not only unconstitutional but also virtually impossible to comply with as a result of inaction from the IRS. It is important that every crypto user is aware of the pitfalls that have been created as this law is now in effect. Outside of crypto, many taxpayers prefer to be treated as a trade or business as it enables them to deduct business-related expenses, Chandrasekera noted, something that does not apply to what the IRS views as “hobbies.” In the United States, crypto assets and cryptocurrency are categorized as property by the Internal Revenue Service IRS for federal income tax purposes. As such, crypto investments are subject to capital gains taxes, just like publicly-traded stocks and other capital assets. Capital gains taxes are triggered by taxable events, such as buying and selling crypto assets, receiving staking and mining rewards, and more, all of which we’ll discuss in this guide. Contact brahexunim1970 Private Message:

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