On Steemit, every dollar you make is open to be visible to everyone, including your tax-department. So we spent 2.5 hours asking Daniel Winters from Global Tax LLC everything we wanted to know about #crypto & #taxes so that you all can be informed about how you need to structure your newly found fortunes.
Steemit & Taxes
How to avoid paying taxes
I will write a how-to-not-pay-taxes guide in an upcoming article, so please click my username and follow @fyrstikken for that article here on #steemit.
Some new people to crypto ask the same question alot, I can point them here now. Thanks for putting in the effort.
your welcome @repholder - I think a lot of people will benefit from it.
Here is the other article, I just finished it - How Not to pay Taxes.
https://steemit.com/steemit/@fyrstikken/how-to-not-pay-taxes
Good Looks, i dont want uncle Sam getting any of my STEEM~~~~
what is taxes? i'm not understand, thanks
here's short definition
Taxes are generally an involuntary fee levied on individuals or corporations that is enforced by a government entity
ok thanks
you are from Indonesia Right? Taxes=pajak :)
How can people reply after 30 minutes? The video is 1 hour and 28 minutes! :'D :'D :'D
Good video though! Really good to get heads up information on bitcoin / crypto taxes.
bots?
Thank you! This cut down my research time today 10x
Taxes - sounds good only for slaves.
Not paying taxes will save our money, but if we pay taxes and we have a good goverment thats managing our tax properly we indirectly help people thats need money more than us.
Forexample in some country there is a goverment program for cheaper health program, its mean goverment help people thats need to take care their health by paying some bill thats those people should pay to health center etc.
Another example is scholarship program by goverment to help clever or poor student thats need money to pay their school. Again Goverment run this program from taxes.
Goverment use money from taxes thats they get to run this program. We pay taxes to our goverment. Its mean we indirectly help people through taxes.
If we does not pay taxes how our goverment will be able to run such program?
Regard
Thanks, very much appreciated.
Tax dep: Uh... am I speaking to ash?
:)
Great!
Thanks for sharing. People always seem to forget that the tax man is looking over your shoulder -- even in crypto.
good reading!
nice info!
Thanks for this post!
I feel the need to plug an article I posted today regarding a Decentralized Tax system for the future and how that would be used to govern a "decentralized society": https://steemit.com/politics/@senseiteekay/globalization-through-decentralization-fixing-the-world
This is why I love decentralization. Thank you sir
You may come to my island, they still have no idea with these technologies.
TAX FREE