Head of Tax @CoinTracker (YC W18), @forbescrypto, Ex @ColumnTax (acquired). I share tax-saving tips most people miss.
Opinions are my own and not tax advice.
Inheritance is a dumb idea. Your kids don't need money at 60. They need it at 30, when they're drowning in debt, scraping for a down payment, and raising kids. Pass wealth while you're alive.
Heads up, crypto investors! The IRS is making BIG changes starting Jan 1, 2025, and if you don’t prep now, you could pay more in taxes or face penalties.
Here’s what you need to do before the year-end to avoid penalties, save money, and stay ahead of the game. 🧵
Dave Ramsey math to become a millionaire by 30.
- Pay off your 1.5% mortgage.
- Pay off your 0.9% car loan.
- Buy a 2K used car so you can have 10K of repairs.
- Use debit cards, not credit cards.
- Don't allocate even a tiny bit to #btc
- Make coffee at home.
Breaking: The IRS just issued a temporary relief notice that is good news for crypto holders interacting with CeFi exchanges in 2025!
TEMPORARY RELIEF UNDER SECTION 1.1012-1(j)(3)(ii 🧵
Think you can hide your crypto gains from the IRS? 🤔
A Bitcoin investor just got sentenced to 2 years in prison for false reporting.
Here's what happened—and what you need to know to stay out of trouble 🧵
A few hours ago, the IRS released the highly-anticipated & controversial DeFi regulations.
If you are in DeFi, big changes are coming, and here’s what you need to know 🧵
Getting a loan against your appreciated coins is a viable option to get liquidity without triggering a capital gains event.
But, you will have to pay capital gains taxes if you make more profits from the loan proceeds.