News about Income

More / Etherum Reddit - 4 months ago

Are staked rewards taxable income?

Not sure if this is the correct sub for this question or not. If you stake eth and derive rewards are those rewards considered income by the IRS? Are the staking rewards taxable as income based on the price of eth at the time the rewards were earned?...

More / Bitcoin Reddit - 4 months ago

Interesting story on how Income tax became a thing, that helped me become a Bitcoiner almost a decade ago. This is not a message about not paying your taxes, it's just a historical event on the dollars developed mechanisms that lead me to saving in Bitcoi

It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...

More / Bitcoin Reddit - 4 months ago

Interesting story on how Income tax became a thing, that helped me become a Bitcoiner almost a decade ago. This is not a message about not paying your taxes, it's just a historical event on the dollars developed mechanisms that lead me to saving in Bitcoi

It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...

More / Bitcoin Reddit - 4 months ago

Interesting story on how Income tax became a thing, that helped me become a Bitcoiner almost a decade ago. This is not a message about not paying your taxes, it's just a historical event on the dollars developed mechanisms that lead me to saving in Bitcoi

It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...

More / Bitcoin Reddit - 4 months ago

Interesting story on how Income tax became a thing, that helped me become a Bitcoiner almost a decade ago. This is not a message about not paying your taxes, it's just a historical event on the dollars developed mechanisms that lead me to saving in Bitcoi

It used to be illegal and was only approved under the guise that it would be used to tax the rich, it ultimately ended up giving rich people loop holes to avoid their income taxes, since they earned their money through asset appreciation on assets th...