ERS 🤔 Getting rid of the IRS

So, if you've owed money to the IRS, is that now null and void?🤔

I want to see the democrats run on bringing back the income tax 😂

Joka , bro if this happens like we hope it's going to make a difference in everyone's life. My old ass is tired and I need to concentrate on my health which is touch n go God Bless Americans and our fearless leaders

The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to pay attention. Here’s what you need to know. 👇 If you've historically used the Universal cost basis tracking method, it's time to prepare for a change. Starting January 1, 2025, the Per-Wallet cost basis tracking method will be the only accepted approach. Why does this matter? 🔹 There are only two accepted methods of transitioning from Universal to Per-Wallet tracking. 🔹 Keeping detailed, wallet-specific records is now crucial for filing accurate taxes. 🔹 Reporting incorrectly could result in penalties, so getting this right is important. What you need to do 👇 CoinTracker provides an automated solution for users to transition from Universal cost basis tracking to Per-Wallet tracking. To get started, simply navigate to your tax settings and set your Tax Lot Allocation Method before end of year. Starting January 1, 2025, you will have the option to automatically transition your universal tax lots to specific wallets based on the Tax Lot Allocation Method you selected. By selecting your Tax Lot Allocation Method before January 1, 2025, and migrating your tax lots from Universal tracking to Per-Wallet tracking before filing your 2025 taxes in 2026, you may qualify for safe harbor protection on your tax lot allocations. When do these changes take place? The new tracking requirements apply to tax years beginning after December 31, 2024. This means the changes will affect your tax filings starting with the 2025 tax year. Taxpayers are encouraged to begin adjusting their record-keeping practices now to ensure compliance when the new rules take effect. We will continue to closely monitor and update you regarding any new changes to US crypto tax regulations that may impact your account. How CoinTracker helps: We automatically track your crypto transactions across wallets and exchanges, helping you stay compliant while making the process as smooth as possible. 🧘 Tax rules may change, but staying organized doesn’t have to be a headache.

If this happens... Holy 💩! That'll be life changing for so many families! 😁🇺🇸🦀

Let's see how much my check is on Friday. Doubt it's started but agree it's coming

I think that will take a little time to implement....

I’ll believe it when it happens 🤷‍♂️

My wallet is SOOOOO HAPPY!!!! I'm going to re-name my bank account "Donald".

He said he would raise SS, waiting to see... It's ridiculously low.

Shall we rub this in the faces of all TDS sufferers we encounter?