Any crypto mining you’re doing should flow through an S corporation. It’s a service, an ordinary income generator, and funneling it through your S corp lets you pay for CPUs, video cards, energy, and management costs. I’ve done it myself and it’s a strategy I haven’t regretted. Stack this income with your side hustles and watch it work for you. | Mark J. Kohler
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Any crypto mining you’re doing should flow through an S corporat…
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Join us IRL for this year’s Crypto Tax Summit in Anaheim, CA to become the go-to expert on crypto taxation for your clients.  Comment ‘crypto’ and we’ll send you a link to learn more.  Did you think crypto transactions fly under the radar? 樂 The IRS is keeping an eye on your digital dealings. Whether it's NFTs or tokens, every click in the crypto universe is taxable. 滋 #cpa #crypto #tokens #nft #taxes #mining #staking #gamers #irs | Mark J. Kohler | Facebook
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Join us IRL for this year’s Crypto Tax Summit in Anaheim, CA to be…
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FacebookMark J. Kohler
12K views · 52 reactions | The IRS has a task force focused on crypto. The blockchain is public and transparent. More people are facing prosecutions for trying to dodge taxes on their crypto gains. Here’s the bottom line: there’s no special “crypto tax” — crypto gains are taxed just like any other income. If you make money, you pay tax. It’s that simple. Don’t risk penalties — get compliant and stay ahead. | Mark J. Kohler | Facebook
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12K views · 52 reactions | The IRS has a task force focused on crypt…
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How I Helped Someone Save $500,000 On Crypto Taxes
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How I Helped Someone Save $500,000 On Crypto Taxes
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Mark J. Kohler on Instagram: "Mining Bitcoin? Put it in your S corp. Treat it like a business—pay the bills, buy the gear, manage it smart. Keep the income in the S corp, stack it with your other side hustle earnings, and let it grow."
Mark J. Kohler on Instagram: "Mining Bitcoin? Put it in your S c…
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