Podcasts: Bitcoin Mining Taxes | Dan Hannum | Compass Podcast ๐ 2 years ago
- Category: Podcasts | Compass Podcast | Bitcoin Mining News
- Author(s): CompassPodcast
- Published: 24th March 2022 11:00
There are only three sure things in life, death, taxes, and the difficulty adjustment. With the US tax deadline looming we brought on Dan Hannum from ZenLedger, a top crypto tax application to talk about doing your taxes as an individual or ย a company, tracking capital gains, and the processes you can put in place to make taxes less painful.
Will Foxley: https://twitter.com/wsfoxley
๐ฅ TIMESTAMPS:
Start 00:00
Intro 02:48
What is ZenLedger? 06:53
Mining taxes vs DeFi complexity 10:55
What is the data pulling process? 12:31
Putting BTC proceeds into lending apps 14:06
KYC 17:07
Hobbyist vs. corporation 19:46
State taxes 22:59
Hardware 26:15
Deductions as a company 29:39
Hobbyist example 30:40
Machines hosted in a foreign country 32:34
ZenLedger integration 34:40
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