Chat archive · 2018-06

CSZiggy · · #87829

whether they pay you in cheeseburgers, or porches, or litecoins.

Hobo01 · · #87830

Borrow for Peter to pay Paul.

Foxx · · #87831

right Ziggy barter is taxable

Hobo01 · · #87832

Cheeseburgers can’t be tax

Hobo01 · · #87833

Porche can’t be tax

Hobo01 · · #87834

Litecoins can’t be tax

Hobo01 · · #87835

USD can be tax

Hobo01 · · #87836

Not the same.

CSZiggy · · #87837

if you cut my grass, and I pay you in 100$ of cheeseburgers, you owe taxes on $100

Hobo01 · · #87838

Nope.

Hobo01 · · #87839

Tax laws apply to currency.

Foxx · · #87840

wrong again hobo

Hobo01 · · #87841

If you tax my cheeseburgers I will throw up cheeseburger

Hobo01 · · #87842

and give you some.

CSZiggy · · #87843

Hope that's true and you don't go to jail Hobo, but I'd read some more tax codes if I were you. Or you may be in for a huge surprise at tax time next year.

Hobo01 · · #87844

You all are blind. The trick of government is to get you to consent.

Hobo01 · · #87845

There is no due process, no evaluation. Everything is esoteric.

CSZiggy · · #87846

good chat.

Hobo01 · · #87847

Go to the source. I am 100% accurate.

Hobo01 · · #87848

Unit of measure is not the same.

Hobo01 · · #87849

Fraud, and theives.

Foxx · · #87850

tax avoidance is 100% legal. tax evasion is 100% criminal and prosecutable.

minerproo · · #87851

Why dont you make your own pool and mine yourself? i will gift you my coding time and setup free of cost :)

minerproo · · #87852

Hobopool

minerproo · · #87853

stop worryng and start living

minerproo · · #87854

lig

minerproo · · #87855

life is too short to stress that much and calling people thives

minerproo · · #87856

they spent hundreds of hours rk

Hobo01 · · #87857

Yes. And your claiming Tax on what Foxx?

Hobo01 · · #87858

There is no regularitory commission.

minerproo · · #87859

to make this site and you are calling them thieves

Hobo01 · · #87860

It’s esoteric.

Hobo01 · · #87861

Only valued to the people using it.

Hobo01 · · #87862

There is no government backing.

minerproo · · #87863

you are

Hobo01 · · #87864

There is no gold.

minerproo · · #87865

drunk?

Hobo01 · · #87866

There is no silver.

Hobo01 · · #87867

There is no nothing.

Hobo01 · · #87868

It’s an equation.

Hobo01 · · #87869

I concept, trade. Like native american indians.

Hobo01 · · #87870

If you want TAX.

Hobo01 · · #87871

Pay US Dollars.

Hobo01 · · #87872

Otherwise fuck off!

CSZiggy · · #87873

some people used form 8949 with their 1040s

CSZiggy · · #87874

I just went to bitcoin.tax and supplied all my wallet APIs and it figured out all my taxes for me.

Hobo01 · · #87875

Hobo01 · · #87876

Then fine. I’ll take their business.

CSZiggy · · #87877

rev. December 2012

CSZiggy · · #87878

thats a BIT out of date.

CSZiggy · · #87879

go find one from 2017 that has bitcoin related addressed statements in it

Hobo01 · · #87880

oup of assets makes up a trade or business if goodwill or going concern value could under any circumstances attach to such assets. A group of assets can also qualify as a trade or business if it qualifies as an active trade or business under section 355 (relating to distributions of stock in controlled corporations). Factors to consider in determining whether goodwill or going concern value could attach include: The presence of any section 197 or other intangible assets (provided that the transfer of such an asset in the absence of other assets will not be a trade or business); Any excess of the total paid for the assets over the aggregate book value of the assets (other than goodwill or going concern value) as shown in the purchaser’s financial accounting books and records; or A license, a lease agreement, a covenant not to compete, a management contract, an employment contract, or other similar agreements between purchaser and seller (or managers, directors, owners, or employees of the seller)

Hobo01 · · #87881

I really don’t think this is what they want.

Hobo01 · · #87882

But you are right, it gives you % control of their business and earnings.

Hobo01 · · #87883

I was trying to keep it simple.

CSZiggy · · #87884

?

Hobo01 · · #87885

Last line.

CSZiggy · · #87886

still not sure what your on about

Hobo01 · · #87887

or A license, a lease agreement, a covenant not to compete, a management contract, an employment contract, or other similar agreements between purchaser and seller (or managers, directors, owners, or employees of the seller)

CSZiggy · · #87888

those are assests not payments or income

Hobo01 · · #87889

OR

Hobo01 · · #87890

This allows for ownership to be implied in my expenses. Since they say I am a "Contractor". Their expense is my expense.

Hobo01 · · #87891

I want full disclosure of their finacial records so I can accurately report.

Hobo01 · · #87892

get it. Not very wise.

Hobo01 · · #87893

Keep it simple...

Hobo01 · · #87894

"Service"

CSZiggy · · #87895

nope still not following

CSZiggy · · #87896

think of it as a union

CSZiggy · · #87897

you work and you pay a fee to do work there.

Hobo01 · · #87898

Business A is saying Business B is a joint-venture via Contracting.

CSZiggy · · #87899

if you didnt pay the fee, the union wouldnt let you work there for $

Hobo01 · · #87900

Business A is saying that 4.99% fee is made.

Hobo01 · · #87901

Union implies some value.

Hobo01 · · #87902

Mainly lawyers.

CSZiggy · · #87903

so does crypto

Hobo01 · · #87904

So therefore the total cost of both businesses A and B must be split. proportionately.

Hobo01 · · #87905

For their contribution.

CSZiggy · · #87906

if you were a part of their company, you are just an employee, hence the contractor.

Hobo01 · · #87907

IRS will definitely agree with that.

Hobo01 · · #87908

So as a contractor I’m not part of the company?

Hobo01 · · #87909

But, aren’t they saying I am part of their company? Because they paid me something. At least for a time?

Hobo01 · · #87910

Easier to call this a service. Otherwise. More issues.

Hobo01 · · #87911

Best to say.

Hobo01 · · #87912

I hired a company to come paint my walls, they provided a service.

CSZiggy · · #87913

so what would be the difference between service?

Hobo01 · · #87914

Then to say I hired a company to help build my business and I paid them.

CSZiggy · · #87915

and what they are claiming to be now?

Hobo01 · · #87916

Because in one case, they are a service expense

Hobo01 · · #87917

In the other case, they are a business expense. (Which is where the fraud is).

CSZiggy · · #87918

the company you hired to build your business has to claim that money as taxable income right?

Hobo01 · · #87919

Business has service expense.

Hobo01 · · #87920

BUT it’s not on a singular basis. Simple a reciept.

Hobo01 · · #87921

you go to 7-11 they charge you $4.54 for some stuff. Which includes sales tax.

CSZiggy · · #87922

claim the 4.99% as a business expense

Hobo01 · · #87923

What they are saying is.

CSZiggy · · #87924

if its a fee you have to pay to do business it should be a writeoff

Hobo01 · · #87925

You go to 7-11 temporarily become an employee, and they pay you for being there but deduct from your paycheck what you walked out with.

CSZiggy · · #87926

same with fees you get charged turning coins into fiat

Hobo01 · · #87927

No, read what I said about 7-11

Hobo01 · · #87928

It’s a fraud.