Jordan Bass @TaxingCrypto
Crypto CPA @Taxingcrypto | Tax Attorney w/ @basslawfirm | Email: [email protected] | [email protected] taxingcryptocurrency.com Malibu, CA Joined January 2018-
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Start planning early for your tax liabilities by setting aside some of the @dogwifcoin @pepecoineth @bonk_inu @MogCoinEth etc. profits you shave off on the way up.
Going live tomorrow. Getting close to the initial tax deadline! @CoinLedger @NewsAsset
Going live tomorrow. Getting close to the initial tax deadline! @CoinLedger @NewsAsset
The never ending tax season continues in CA. A little more time for Californians to reconcile those crypto transactions for the tax return!
Great thread. The reality is that not much has changed and this was to be expected.
Great thread. The reality is that not much has changed and this was to be expected.
If you are a founder and are structuring a company that will raise capital and launch NFTs, tokens, or any crypto-native assets, please work closely with a tax lawyer on this. Seen too many founders getting rekt with tax implications that were only discovered after the fact.
We’re live.
Last minute tax guidance!!!
An underreported item in #crypto news: FASB, the board that dictates accounting rules, has proposed that fungible crypto assets be marked to market on a company's books, not held at cost basis. BIG CHANGE. Also, crypto payments are booked as cash if converted immediately.
Bullish
Come Join the #cryptotaxhotline with @CoinTracker @gordonlawltd @M00NTAX
Come Join the #cryptotaxhotline with @CoinTracker @gordonlawltd @M00NTAX
📞 📱 ☎️
NFT taxes can be 🤯
1/ Today Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action.
🚨 Tick-Tock! ⏳ 1 hour left until our #CryptoTaxHacks Twitter Space on "NFTs & Taxes"! Optimize your NFT taxes before #TaxDay! 🎙️Hosted by @derekwride with @Clazz73 🗣️Guests: @RAREBANDY @TaxingCrypto Be sure to arrive early 🙌❗️ Set Reminder!🔔🔽 x.com/i/spaces/1ldgl…
🚨 Join us tomorrow for our #CryptoTaxHacks Twitter Space on "NFTs & Taxes" ⚡🧑🎨 Don't forget to set a reminder & bring your questions. Tune in at 9am PST! Hosted by @derekwride with @Clazz73 & guests🎙: Bandy @RAREBANDY + Jordan Bass @TaxingCrypto ➡️ x.com/i/spaces/1ldgl…
Bullish
NFT Tax Alpha
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@valkenburgh It's important to note that the cover letter says the draft is based on the proposed regulations and may changed based on comments. "This early draft release may change based on decisions made in response to comments received in response to that notice of proposed rulemaking."
If you haven't filed yet and don't know where to start, start with an extension. x.com/i/trending/177…
If you've been sidelined, believe this is a good opportunity to scale into high conviction tokens If you're fully invested, just survive, hold your spot positions and do not capitulate Someone once said, liquidations are a forced transfer of wealth from traders who need…
10am and I’m debating mixing myself a malibu bay breeze. 5 more days..
There are so many chads working on Solana. It’s past midnight on a Friday and my twitter feed is full of people posting solutions, write ups on the problems, and progress updates. Beasts, absolute legends.
"Put your wallet address in, and your tax forms get prepared. Who is building this?" With tax szn in full swing, I've seen a lot of folks on CT asking this. The answer is: there are over a dozen well-funded and talented teams who are trying to build this via software. So why…
12 hours today and got 5 returns out the door despite spending at least 2 hours on the phone and taking an hour each for lunch and dinner. Only 51 left to do. WAGMI!
🚨 Importing data just got easier! CoinLedger now auto-detects the blockchains that you have transactions on based on your wallet address. Thanks to the community for suggesting this feature!
Crypto taxes are complex and region specific. If you're in the US, Canada, Australia or the UK we've got region specific transaction rules and reports built into our platform already. Ditch the spreadsheets, use @NetrunnerTax
try explaining this to a CPA
@0xopaque i manually edit everything to correct auto-errors 1x per week ya, its a pain. we are so lucky to be able to do this
🚨 We are excited to announce our partnership with @MetaMask to bring automatic tax reporting to their millions of users! Simply sync your MetaMask wallet via the MetaMask Portfolio dashboard and download your tax forms from CoinLedger 🚀
@TaxingCrypto @CryptoTHFC Fr same boat if you’re offering
i'm going to need an army of accountants to work out this nightmare when the bullmarket is over 10's of wallets, multiple coins per day i'm going 100x long accountants after the bullmarket
@gordonlawltd @CelsiusNetwork @accounting If you carryover the cost basis you could end up with a gain ☹️
Imagine having crypto as your only hope for “wealth” 😂😂
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