Trigger warning: I have decided to make a video about crypto taxes (eep!)
First of all, this is not tax advice. These are things that I've learnt and I wanted to share them.
Second, this is not an endorsement of taxes. Many will argue it’s et…
Trigger warning: I have decided to make a video about crypto taxes (eep!)
First of all, this is not tax advice. These are things that I've learnt and I wanted to share them.
Second, this is not an endorsement of taxes. Many will argue it’s ethical to pay taxes because they support public goods. But a significant portion of your taxes goes towards funding things like the military invasions and occupations, so I can't get behind an ethical justification of taxes.
Third, many people use taxes as an excuse for why they shouldn't use crypto everyday. Taxes are really not a show stopper, and I hope through this video to make them a little less daunting!
Fourth, there are some neat tricks regarding retirement accounts and donations that might be able to help you.
Huge thank you to Roger Brown for his help with this video. You can check out his company Lukka here: https://www.lukka.tech/
A great tool for institutions calculating their taxes!
To make a tax-deductible (in the US) donation to NBTV, visit: https://cointr.ee/nbtv
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Here are a bunch of products I like and use. Using these links helps support the channel and future videos!
Recommended Books:
Permanent Record - Edward Snowden
https://amzn.to/305negc
No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
https://amzn.to/2UQmJ4m
What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu
Naomi's Privacy Bag: some of my favorite products to help protect your privacy!
Use the Brave browser! https://brave.com/nao076
USB-C to ethernet adapter:
https://amzn.to/2lOVBoy
Lightening to ethernet adapter:
https://amzn.to/2nWyNns
Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu
Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2
Computer ..