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Mindi Kegler lsG0
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#project
#project
MANTRA
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MANTRA is excited to announce an exciting new giveaway for the Sherpa community 🎁
Head over to Binance Square Giveaway and follow the steps to participate!
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USCryptoStakingTaxReview
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Here are 5 major updates on #USCryptoStakingTaxReview: * Income vs. Property: IRS still taxes staking rewards as income upon receipt, not just sale. * Jarrett Lawsuit: New court challenges argue rewards are "created property" (like crops) to defer taxes. * Form 1099-DA: Exchanges must now report gross proceeds to the IRS starting 2025. * Strict Tracking: "Wallet-by-wallet" cost basis tracking is now mandatory; no more universal averaging. * Proposed Relief: Bipartisan bills are pushing to delay taxes until tokens are actually sold.$BTC #USCryptoStakingTaxReview
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