Ive done some minor research but im really looking to pay around zero to these thugs.
Does anyone have any advice or links where i can learn more?
Do you have a crypto tax plan
The Dollar Vigilante
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I've made quite a few videos on this topic over on my youtube channel. A few of them I have posted here as well. Not so much as telling you how to pay zero, more concerning the laws and regulations as they stand. You can use that information as you see fit to decide where you stand on the topic. Taxes and cryptocurrency is a very polarizing topic. Many wish to just abide by the laws as they are and a large amount are very much against paying anything. Regardless, it's going to be quite the battle as the IRS wants their part of the pie.
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Thanks ill check you out, appreciate it! Most mafias have more repect than the irs.
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very true!
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How much are they going to get out of me?
short answer: zero
longer answer: I have given it approximately 90 seconds of thought and have determined they will not have enough relevant information regarding my crypto use and I will be offering exactly zero info to them. Thus, I will not pay any taxes on my cryptocurrencies!
Good luck to the rest of you.
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Curious what exchange/exchanges you use? Great plan btw ;)
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My main purchasing site is coinbase then transfer to bittrex for trading. I am such a small minnow that it wouldn't be worth their time to extort me. There are bigger fish to fry! haha
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Im using the same but id like more options cashing out besides coinbase as they are reporting to the man. Cheers, thnx
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Open a goldmoney account and send it there. Once you have1k there you can get a debit card and use it like any other one. Well, that's my plan.
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Goldmoney acct? Ill have to check that out!
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Coinbase also has some of the highest fees. I like the convience though. If I was moving a lot more $$$ I would find another exchange. Same with privacy, if I were more concerned...
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You can link coinbase to gdax and avoid fees! Also as far as a private crypto coin VERGE XVG is the way to go. Coinbase will report anything over 20k just fyi. I can tell ya how to avoid fees w gdax if wanted.
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