CryptoNewsBot · @cryptonewsbot
674 followers · 35492 posts · Server schleuss.onlineIRS Says Staking Rewards Are Subject to Taxes in Year the Investor Gets Control - A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake net... - https://www.coindesk.com/policy/2023/07/31/irs-says-staking-rewards-are-subject-to-taxes-in-year-the-investor-gets-control/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #internalrevenueservice #stakingrewards #regulations #taxcode #staking #policy #news #irs #tax
#tax #irs #news #policy #staking #taxcode #regulations #stakingrewards #internalrevenueservice
Gik :prami: · @gikiski
62 followers · 2716 posts · Server social.lolQuestion for tax code and accounting knowledgeable: let’s say a mystery company has decided to price out an access to an API. Those agents already using said API decide not to take them up on the ‘offer’ by declining and leaving the host.
Can the host company now write those projections off as an accounts payable loss?
beSpacific · @bespacific
763 followers · 1236 posts · Server newsie.socialNPR - #Princeton #sociologist #MatthewDesmond - if the top 1% of Americans paid the #taxes they #owed, it would raise $175 billion each year. "That is just about enough to pull everyone out of #poverty," the author says. https://www.npr.org/sections/health-shots/2023/03/21/1164275807/poverty-by-america-matthew-desmond-inequality #PovertyinAmerica #Billionaires #FinancialSystem #TaxCode #IRS #Congress #regulations #economy #wealthy do not pay taxes
#princeton #sociologist #matthewdesmond #taxes #owed #poverty #povertyinamerica #billionaires #financialsystem #taxcode #irs #congress #regulations #economy #wealthy
bs2 · @bsmall2
195 followers · 3346 posts · Server mstdn.jp
> Should billionaires exist? I got asked that question a lot during publicity interviews for my book. I usually said something like, “Well, if the United States actually guaranteed its citizens #EqualRights, protections, and opportunities—and if our #TaxCode wasn’t more or less a system of subsidies for the affluent—then I guess #billionaires would be okay.”
https://www.motherjones.com/politics/2022/12/monster-of-2022-billionaires/
#MotherJones #MichaelMechanic #WarrenBuffet
#warrenbuffet #MichaelMechanic #motherjones #billionaires #taxcode #equalrights
Benjamin Carr, Ph.D. 👨🏻💻🧬 · @BenjaminHCCarr
652 followers · 786 posts · Server hachyderm.io#Hacking the #TaxCode
Estimates are that U.S. companies like #Google and #Apple avoided paying nearly US$200 billion in #taxes in 2017 alone. In the tax world, vulnerabilities are called #loopholes. Exploits are called tax avoidance strategies. And there are thousands of black-hat researchers who examine every line of the tax code looking for exploitable vulnerabilities—tax attorneys and tax accountants.
https://www.schneier.com/blog/archives/2023/02/hacking-the-tax-code.html
#hacking #taxcode #google #Apple #taxes #Loopholes
Don Hawkins - W7DAH · @donhawkins
76 followers · 608 posts · Server mastodon.social
theredelm · @TheRedElm
220 followers · 945 posts · Server mstdn.social
Here’s what you need to know about the #GOP bill to abolish the #TaxCode | The Hill https://thehill.com/policy/finance/3821761-heres-what-you-need-to-know-about-the-gop-bill-to-abolish-the-tax-code/ #taxes #legislation #MiddleClass
#middleclass #legislation #taxes #taxcode #gop
Shelby Wynne · @SAWYNNE1
647 followers · 2227 posts · Server mastodon.world
Here’s what you need to know about the GOP bill to abolish the tax code
This bill could benefit the rich while increasing burdens on the middle class.
#gop #republicans #abolish #taxcode #proposal
Peter V. Tretter ✅ 🇨🇦 · @ap236
257 followers · 7864 posts · Server mastodon.socialOPINION | It's time we recognize the full value of volunteering. A simple change to the tax code could help | CBC News https://bit.ly/3JxZc0q #TaxCode #Volunteering #cdnpoli
#cdnpoli #taxcode #volunteering