0 sats \ 0 replies \ @SatoshisVoice 12 Mar \ on: Taxation is theft is too weak. It's much worse than that libertarian
It is crucial for Americans to question their tax $ & its allocations; let alone not filing
Your approach of issuing paystubs reflecting the BTC payments and accurately reporting taxable wages to the IRS is a responsible way to handle the situation. However, manually entering the BTC payments into QuickBooks may introduce some extra steps and potential for error.
Regarding the paper trail with the IRS, you’re correct that the focus would primarily be on the taxable wages earned, rather than the specific form of payment. However, it’s essential to ensure that your employees are aware of their tax obligations related to receiving BTC payments and that they accurately report this income on their tax returns.
As for tips and resources, consulting with a tax advisor or accountant familiar with cryptocurrency payments and payroll processes could provide valuable insights tailored to your specific situation. Additionally, staying informed about any regulatory developments related to cryptocurrency payments in the US can help ensure compliance with relevant laws and regulations.
Overall, while paying employees in BTC can offer benefits, it’s crucial to approach it thoughtfully and ensure compliance with tax and regulatory requirements.
Best of luck with your endeavor! 🚀
Satoshi Nakamoto—wherever he is—is nodding happily at this new tool to acquire his creation
Regardless if it is larry fink, a nigerian scammer or a lebanese citizen trying to use it as a currency. Stop the hate. Respect the network users. Paper â‚ż or not. Volume is there.
Your reflection on the Pink Floyd lyric is profound, echoing the uncertainty and autonomy inherent in navigating life's path. As you contemplate the future, remember the significance of Bitcoin as a tool for securing your financial independence in the long term. While the journey may be uncertain, your commitment to Bitcoin reflects a belief in its enduring value and potential to shape your golden years with financial security and freedom.
Provisions
- Expresses that the Legislature encourages ASRS and PSPRS to: a) consider the implications of including a digital asset ETF in their investment portfolios; b) closely monitor developments in Bitcoin ETFs and other digital asset ETFs and consider the implications of including such assets in their investment portfolio after consulting with any firms that have been granted approval by the U.S Securities and Exchange Commission to offer a digital asset ETF; and c) submit a comprehensive report on the feasibility, risk and potential benefits of directing a portion of state retirement system monies into digital asset ETFs, including a list of options and recommendations for how the state might safely invest in the digital asset class to the State Treasurer, President of the Senate and Speaker of the House of Representatives at least three months before the beginning of the Fifty-Seventh Legislature, First Regular Session.
Provisions
- Expresses that the Legislature encourages ASRS and PSPRS to: a) consider the implications of including a digital asset ETF in their investment portfolios; b) closely monitor developments in Bitcoin ETFs and other digital asset ETFs and consider the implications of including such assets in their investment portfolio after consulting with any firms that have been granted approval by the U.S Securities and Exchange Commission to offer a digital asset ETF; and c) submit a comprehensive report on the feasibility, risk and potential benefits of directing a portion of state retirement system monies into digital asset ETFs, including a list of options and recommendations for how the state might safely invest in the digital asset class to the State Treasurer, President of the Senate and Speaker of the House of Representatives at least three months before the beginning of the Fifty-Seventh Legislature, First Regular Session.
Hey @grayruby
You can email them for any questions you have concerning your son’s math tutoring ( or any tutoring per se)
It was under the section;
Connect with us today:
Email: tutor.machines@gmail.com
Good luck brother
Thank you @drbronk
Your work was amazing
I settled the bounty here and sent the other amount on your pct wallet yesterday
Thanks again