Thanks for ruining everyone’s New Year, assholes.
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"Under these rules, if a taxpayer has not identified a preferred accounting method, the First-In, First-Out (FIFO) method will be applied, treating the earliest acquired crypto assets as sold first. The mandate was set to go into effect on Jan. 1, 2025, and now it's postponed by one year."
lol
https://www.theblock.co/post/332781/irs-delays-implementing-crypto-cost-basis-reporting-rules
Here’s hoping it gets thrown directly into the trash where it belongs.
read about it
doesn’t apply
won’t sell
Mother fuckers.
That was such a hellish, stressful waste of time.
Wowwww
Scare tactics for the weak.
If you comply, you die.
You're a fool then. Compliance is for the weak.
Please don't call yourself a Bitcoin maxi, when all you know is how to comply to nonsensical paper forms by your ruler.
They are playing the weak. Those who think their life still depends on cashing out into the collapsing fiat ponzi.
Bitcoiners these days are weak men if they fall for this. Better to protect your wealth with Monero.
Cool story, Kiddo.
what a weak-handed attempt to try and capture some gains from the cucked.
Those goddamn dick heads. 🤦🏼♂️ Screw these butthurt idiots. They’re just mad that they didn’t get BTC at $16k in the last Bear and now they want to create problems for the rest of us that did. 🖕🏼 them.
Create the fear, juxtapose criminality without compliance, majority cowtow into compliance out of said fear, then reneg said regs as most already compiled anyhow, rinse and repeat until populace is already compliant, so when it comes time to make said regulations actual law, nobody makes a stink about it.