/biz/ - Business & Finance

Just wanted to give you guys the heads up here. Brandon's new bill just passed. All of the 80,000 new IRS agents that we are in process of hiring now will be assigned to crypto. They will come after and audit and fine anyone who traded over $600 in crypto but did not pay taxes on their gains. They are going back to 2016 till now (((they))) estimate they will collect $130 billion dollars in unpaid crypto taxes and fines. If you haven't paid the IRS, you better do it before October 14th because soon after they will sick the IRS dogs on you. Good luck

>>28679151
This oughta be good for a laugh

>Waits for you on the other side of the moon

Do you owe money to them?

I'm filing my 2019 taxes and need advice. I bought and sold in different exchanges binance, coinbase, kucoin, hotbit, bittrex. I probably have at least 30 transactions total

-85k LINKer

Right now, I'm paying 40% in taxes total every year. I'm tired of shit, especially when I know it's funding boomer social security, nigger welfare payments, and wars for israel. Any tips? Should I move to a different country?

>>17054597
>I love my life, nobody could take that away from me.

You posted about the IRS letter you got regarding crypto gains. What happened with the IRS meeting?

What are they gonna do when we claim capital loss deductions??

Enlighten me here. If every trade is a taxable event then I would hate to have to deal with the THOUSANDS of transactions with possible realized gains. So couldn't I theoretically consolidate all my earnings into BTC, then buy monero. Then send it to a new binance account if I use a burner phone with hotspot with a cheap 200$ laptop which I obviously wont register my info so none of the IP's would be linked by me. Then I can say the monero was gifted to me when I cash out.

Please help a lad and also correct me where I'm misinformed, if any.

Reminder that these are data mining threads.