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Class 5: Blockchain Technology & Cryptocurrencies technology and you

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MIT 15.S08 FinTech: Shaping the Financial World, Spring 2020 Instructor: Prof. Gary Gensler View the complete course: YouTube …

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Class 5: Blockchain Technology & Cryptocurrencies

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#Class #Blockchain #Technology #amp #Cryptocurrencies
Class 5: Blockchain Technology & Cryptocurrencies
technology and you
See all the latest ways to make money online: See more here
See all the latest ways to make money online: See more here

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12 comments

Ricardo MW 10/09/2021 - 10:02 Sáng

Just buy $algo and forget about it. This thing will blow!

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Mickey B. Fresh *The DeFi Standard* 10/09/2021 - 10:02 Sáng

5 months later of this video Crypto Market is valued over $2 Trillion+

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polkapolka 10/09/2021 - 10:02 Sáng

One word: Dogecoin 🙂

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Glenn Zarmanov 10/09/2021 - 10:02 Sáng

thanks for all the content

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Lance Wallach 10/09/2021 - 10:02 Sáng

The IRS recently released new guidance about virtual currency—the first in 5 years—which mainly dealt with whether taxpayers have gross income from two cryptocurrency events: hard forks of cryptocurrency the taxpayer owns and an airdrop of a new cryptocurrency following a hard fork, if the taxpayer receives units of new cryptocurrency. If you own virtual currency, no matter whether these terms sound like a foreign language to you or you are familiar with them, you may need to account for these events on your tax return for the year when they occur. As a crypto investor, you face significant risks regarding taxation and the IRS. These risks can be mitigated, however, with the help. Most accountants have no clue. Lance Wallach receives hundreds of calls for help. Google him and your advisor. WHO do YOU trust? 516-236-8440

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Lance Wallach 10/09/2021 - 10:02 Sáng

The IRS will audit Cryptocurrency, get help NOW
The IRS views crypto as property, not currency, which means that mining, selling, exchanging, or spending your coins are all taxable events that you need to report. Cryptocurrency and Bitcoin taxes are a tricky field to navigate. Even today, IRS guidance remains quite vague, and many CPAs don’t know how to properly file crypto taxes. However, despite confusing or unclear guidelines, the IRS has made it very clear they want you to report your crypto.
Google Lance Wallach and your advisor. Who do you trust? Contact Lance and his team of experts before it's too late! 516-236-8440 wallachinc@gmail.com

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Lance Wallach 10/09/2021 - 10:02 Sáng

Since micro-captive insurance companies were placed on the IRS “Dirty Dozen” list of tax scams in 2014 and identified as a transaction of interest in 2016, the IRS has continued to expand its enforcement efforts of what it views as abusive micro-captive insurance arrangements.

The IRS has been gathering information on taxpayers and instituted a new virtual currency compliance program in 2019. Here is an excerpt from one of their notices:

“We have information that you have or had one or more accounts containing virtual currency but may not have properly reported your transactions involving virtual currency, which include cryptocurrency and non-crypto virtual currencies.”

New IRS Notice 6174-A

The IRS clearly sees noncompliance on virtual currency transactions as a threat to the tax system.

As if the onslaught of recent losses in Tax Court was not enough, investors in syndicated conservation easements now have more to worry about. On August 25, 2020, the Senate Finance Committee released a bipartisan report condemning syndicated conservation easements as abusive and encouraging the IRS to take further action to ferret out such abuses.

Lance Wallach has received hundreds of calls, 516-236-8440 to fight IRS and sue the promotors of conservation easement, captive, and cryptocurrency plans. Google him and your advisor, who do YOU trust? Wallachinc@gmail.com

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Lance Wallach 10/09/2021 - 10:02 Sáng

Last year, the IRS audit division identified cryptocurrencies as one of five areas where taxpayers could easily avoid taxes. IRS Criminal Investigations head Don Fort has said the agency will soon announce criminal tax evasion cases involving digital currencies. Lance Wallach receives hundreds of calls to help people who own cryptocurrencies avoid or fight the IRS audits. Contact him before its too late.
516-236-8440
Wallachinc@gmail.com

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Peter L. 10/09/2021 - 10:02 Sáng

Gold, Silver, or Money, as Prof. Gary Gensler stated, are only a symbol as a devise for exchange. All follow the basic law of supply and demand. Imagine your wake up in the morning and everyone do not want gold, silver, or money. If there is no demand, then how much is it worth? Can it still be a symbol as a devise for exchange?

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Samudra Sarma 10/09/2021 - 10:02 Sáng

This tutorials are soo good.

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R.R.2 10/09/2021 - 10:02 Sáng

Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential. much thanks to.anmol singh for the market assistance

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