Recording a podcast with Micah Fraim, CPA on Crypto Tax Accounting... What questions do you have for him? (not on FTX / current issues)

1/ Sam's empire has collapsed. #FTX #FTT #Alameda From the next Warren Buffett to an outcast in less than two months. He's now joining a very exclusive group with folks such as Do Kwon (#Terra), Su Zhu (#3AC), and Alex Mashinsky (#Celsius). How did he end up here? A thread. 👇

Anyone who lost funds on #FTX should look at the special #tax deductions available for victims of #ponzi schemes: cryptotaxcpa.com/theft-losses-c… #cryptotax #PonziScheme #SBF #SamBankmanFried #SBF_FTX #FTXScam #FTXScandal #FTXhack

THE INNER WORKINGS OF SBF AND FTX REVEALED IN COURT FILINGS this thread is going to be a brilliant display of incompetence and dishonesty like, retweet, and read on! 🦦👇🏻🧵

#FTX failure could qualify specific #PonziScheme #tax deductions. But what about #Voyager and #CelsiusNetwork? cryptotaxcpa.com/crypto-insolve… #BlockFi #Gemini #cryptotax #crypto #ftxbankruptcy #SBF #FTXCRASH #ponzi

#Crypto investors were hoping the Jarrett lawsuit against the #IRS would provide clarity on how #staking income should be taxed. Why was the case dismissed and where does this leave #investors? cryptotaxcpa.com/staking-jarret… #cryptotax #StakingRewards #stakingcrypto #cryptocurrency

Ep. 52 is LIVE on #crypto taxes ⬇️ open.spotify.com/episode/1fmDO0…

Talked more about #crypto #taxes with Mark Fidelman on the #cryptonized podcast this week! youtube.com/watch?v=Iw8erJ… #cryptotax #NFT #cryptomarket #NFTtax #cryptocurrency

If you're planning on donating any #crypto, make sure to read this first. This #IRS requirement for #appraisals is going to catch a lot of investors by surprise: cryptotaxcpa.com/appraisals-cry… #cryptotax #cryptodonations #charity #taxdeductions

#Crypto bros like to say that you can write off worthless #tokens and #nfts without disposing of them. That's only true in very limited circumstances. The IRS issued additional guidance on what you can and cannot write off: cryptotaxcpa.com/crypto-value-d… #cryptocurrency #CryptoTaxes

Is talking about your past accomplishments and glory days an effective marketing strategy? When does this help and when does it hurt? And to what extent should these past events dominate your CURRENT discussions? fraimcpa.com/what-done-late…

Talking with @MitchWilderAds about some new #tax legislation that can save #business owners HUGE amounts of #money: youtube.com/shorts/O76aaaq…

Ok, so while I am getting spicy today, I want to drop oooooone more thing. If you send in an email with a list of addresses saying you are personally multiaccounting, there isn't much we can do other than act on it. Getting pissed about it later is silly.

We have the first #IRS comments on #NFT #taxation! Its our first look at the methodology the IRS intends to use, but it still leaves a lot of questions unanswered: cryptotaxcpa.com/irs-nft-taxati… #NFTs #cryptocurrency #CryptoTax #CryptoNews

Continuing a bit of a thread about Gala Music, a critical part of the $GALA ecosystem, this is something that is SUPER important. This is the USD value per stream over the last week (>$.10!!!), in $MUSIC...compare that to other platforms. We are redefining an industry.

In the face of some recent $GALA announcements, I have a message for every node operator: You are not "parasites." You are the lifeblood of the systems you support. You are the heartbeat that keeps the networks alive. You are the ones who stepped up when no one else believed it

MG That’s the right question. The most important thing is not to act alone. We are all in this together. We need to organize. Gala’s own agreement that people bought the nodes under says that major changes must be voted on by the node network. No such vote happened. This puts us

Qasim I fully agree that Gala needs to protect itself, but the whole debate centers on what that means. Which is why I am doing all of this. If I didn't care, I wouldn't say anything. These were the terms that people were under when they bought the nodes. sec.gov/Archives/edgar…

Gala wants to limit sell pressure ? Founder node owners voted to implement a cumulative point system for earnings, with minting penalties for this purpose years ago, reducing circulating supply and strongly discouraging selling. It was also encouraging decentralization by not

Well Jason Brink aka BitBender called it. Gala now has YET ANOTHER lawsuit brewing because they changed the node rewards without a vote. Super disappointing that this was the project that originally made me fall in love with crypto. youtube.com/watch?v=KmScz3…