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Kryptos Launches Safe Harbor Planner to Help U.S. Crypto Investors Navigate IRS Rev Proc 24-28 Guide
GOTHENBURG, SWEDEN, December 30, 2024 - With over 50 million U.S. crypto investors impacted by new IRS regulations, Kryptos has launched its Safe Harbor Planner to simplify compliance with Rev Proc 24-28. Specifically designed to help users and CPAs meet the December 31 deadline for selecting an allocation method, the Planner also facilitates a seamless migration from Universal Cost-Basis tracking to Per-Wallet tracking. Kryptos is the only platform to support both Global Allocation and Specific
PINNED
Will BTC fall again ?
It broke record after record, exceeding $71,000. $69,000 was a very important resistance point, but it exceeded it considerably and reached up to $71,000. The most important point here is that $BTC has now moved away from the 69,000 level and it has become difficult to fall below that level again. In this way, we can say that both $69,000 and $70,000 are now a support point for Bitcoin.
So will Bitcoin rise further from now on? Yes ,as per reports. Thanks to the approval of applications #Halving and #ETF , Bitcoin now has more momentum in the long term. These two positive factors are actually factors that will have an impact in the long term, not in the short term. For this reason, we can see Bitcoin testing above the $ 100,000 level this year.
Even though if you incur unrealised losses in future, With Kryptos you can gain them back through Tax Loss Harvesting and calculate your taxes in no time.
You can check our guide here on Tax Loss Harvesting:
https://kryptos.io/blog/kryptos-advanced-guide-to-crypto-tax-loss-harvesting.
Put your thoughts in the comments, we are listening !
$BTC $PEPE
#crypto⭐️ #HOTTRENDS
#Web3
It broke record after record, exceeding $71,000. $69,000 was a very important resistance point, but it exceeded it considerably and reached up to $71,000. The most important point here is that $BTC has now moved away from the 69,000 level and it has become difficult to fall below that level again. In this way, we can say that both $69,000 and $70,000 are now a support point for Bitcoin.
So will Bitcoin rise further from now on? Yes ,as per reports. Thanks to the approval of applications #Halving and #ETF , Bitcoin now has more momentum in the long term. These two positive factors are actually factors that will have an impact in the long term, not in the short term. For this reason, we can see Bitcoin testing above the $ 100,000 level this year.
Even though if you incur unrealised losses in future, With Kryptos you can gain them back through Tax Loss Harvesting and calculate your taxes in no time.
You can check our guide here on Tax Loss Harvesting:
https://kryptos.io/blog/kryptos-advanced-guide-to-crypto-tax-loss-harvesting.
Put your thoughts in the comments, we are listening !
$BTC $PEPE
#crypto⭐️ #HOTTRENDS
#Web3
Kryptos
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Kryptos Launches Safe Harbor Planner to Help U.S. Crypto Investors Navigate IRS Rev Proc 24-28 Guide
GOTHENBURG, SWEDEN, December 30, 2024 - With over 50 million U.S. crypto investors impacted by new IRS regulations, Kryptos has launched its Safe Harbor Planner to simplify compliance with Rev Proc 24-28. Specifically designed to help users and CPAs meet the December 31 deadline for selecting an allocation method, the Planner also facilitates a seamless migration from Universal Cost-Basis tracking to Per-Wallet tracking. Kryptos is the only platform to support both Global Allocation and Specific Unit Allocation methods, offering unmatched flexibility and precision in digital asset tax reporting.
Kryptos is more than just crypto tax software. It is a comprehensive financial hub for Web3, empowering digital asset investors, businesses, and developers with tools for real-time transaction tracking, tax automation, treasury management, and developer integrations. By addressing the diverse needs of its users, Kryptos is redefining how the industry approaches crypto taxes, digital asset finance, and compliance.
Revenue Procedure 2024-28, introduced in July 2024, requires U.S. taxpayers to transition to a detailed per-wallet or per-account tracking system by January 1, 2025. This shift enhances transparency but adds complexity for digital asset investors managing diverse portfolios. In December 2024, the IRS finalized broker reporting regulations under Internal Revenue Code sections 6045 and 6045A, expanding requirements to include decentralized finance (DeFi) platforms and front-end providers. Brokers are now mandated to report transactions on Form 1099-DA starting January 1, 2027, with additional Know-Your-Customer (KYC) compliance requirements. These developments reflect the increasing regulatory scrutiny in the crypto space and underscore the need for solutions like Kryptos Safe Harbor Planner to reduce administrative burdens while ensuring compliance.
The Safe Harbor Planner equips users with tools to align with IRS guidelines, including migration of tax lots, automated tax lots planner, and robust support for exporting reports. This capability ensures investors, CPAs, and businesses can meet compliance requirements for crypto taxes without disrupting their broader financial strategies.
Kryptos’s leadership in Web3 finance is driven by its holistic approach to digital asset management. By integrating its advanced crypto tax software with financial insights, developer tools, and enterprise-grade reporting capabilities, Kryptos bridges the gap between innovation and compliance.
Sukesh Tedla, CEO of Kryptos, emphasized the platform’s commitment to clarity and flexibility. “The Safe Harbor Planner provides our users the tools to meet new IRS requirements while maintaining control over their financial strategies. Kryptos is dedicated to supporting every aspect of digital asset management, going beyond tax compliance.”
While Kryptos streamlines compliance, users are responsible for ensuring the accuracy of their filings. Maintaining detailed and accurate records is critical to meeting regulatory standards, particularly as the IRS increases oversight of digital asset transactions.
The Safe Harbor Planner is now available to U.S. crypto investors, businesses, and tax professionals, providing an essential solution for managing crypto taxes effectively. Kryptos continues to lead as the financial hub for Web3, delivering scalable infrastructure for tomorrow’s opportunities.
About Kryptos
Kryptos is pioneering the future of Web3 finance by establishing a standardized financial data protocol layer that seamlessly connects diverse blockchain platforms. As the definitive Open Banking standard for Web3, Kryptos equips developers, businesses, and end-users with the tools necessary to share and utilize data effortlessly. Supporting over 5000 platforms, including major CEXs, DeFi protocols, and blockchain networks, Kryptos enhances interoperability, compliance, and accessibility in Web3 with its APIs and products such as real-time financial analytics, compliance-ready crypto tax software, and personalized portfolio management.
For more information, visit https://kryptos.io/1099-da.
#IRS
Kryptos is more than just crypto tax software. It is a comprehensive financial hub for Web3, empowering digital asset investors, businesses, and developers with tools for real-time transaction tracking, tax automation, treasury management, and developer integrations. By addressing the diverse needs of its users, Kryptos is redefining how the industry approaches crypto taxes, digital asset finance, and compliance.
Revenue Procedure 2024-28, introduced in July 2024, requires U.S. taxpayers to transition to a detailed per-wallet or per-account tracking system by January 1, 2025. This shift enhances transparency but adds complexity for digital asset investors managing diverse portfolios. In December 2024, the IRS finalized broker reporting regulations under Internal Revenue Code sections 6045 and 6045A, expanding requirements to include decentralized finance (DeFi) platforms and front-end providers. Brokers are now mandated to report transactions on Form 1099-DA starting January 1, 2027, with additional Know-Your-Customer (KYC) compliance requirements. These developments reflect the increasing regulatory scrutiny in the crypto space and underscore the need for solutions like Kryptos Safe Harbor Planner to reduce administrative burdens while ensuring compliance.
The Safe Harbor Planner equips users with tools to align with IRS guidelines, including migration of tax lots, automated tax lots planner, and robust support for exporting reports. This capability ensures investors, CPAs, and businesses can meet compliance requirements for crypto taxes without disrupting their broader financial strategies.
Kryptos’s leadership in Web3 finance is driven by its holistic approach to digital asset management. By integrating its advanced crypto tax software with financial insights, developer tools, and enterprise-grade reporting capabilities, Kryptos bridges the gap between innovation and compliance.
Sukesh Tedla, CEO of Kryptos, emphasized the platform’s commitment to clarity and flexibility. “The Safe Harbor Planner provides our users the tools to meet new IRS requirements while maintaining control over their financial strategies. Kryptos is dedicated to supporting every aspect of digital asset management, going beyond tax compliance.”
While Kryptos streamlines compliance, users are responsible for ensuring the accuracy of their filings. Maintaining detailed and accurate records is critical to meeting regulatory standards, particularly as the IRS increases oversight of digital asset transactions.
The Safe Harbor Planner is now available to U.S. crypto investors, businesses, and tax professionals, providing an essential solution for managing crypto taxes effectively. Kryptos continues to lead as the financial hub for Web3, delivering scalable infrastructure for tomorrow’s opportunities.
About Kryptos
Kryptos is pioneering the future of Web3 finance by establishing a standardized financial data protocol layer that seamlessly connects diverse blockchain platforms. As the definitive Open Banking standard for Web3, Kryptos equips developers, businesses, and end-users with the tools necessary to share and utilize data effortlessly. Supporting over 5000 platforms, including major CEXs, DeFi protocols, and blockchain networks, Kryptos enhances interoperability, compliance, and accessibility in Web3 with its APIs and products such as real-time financial analytics, compliance-ready crypto tax software, and personalized portfolio management.
For more information, visit https://kryptos.io/1099-da.
#IRS
🚨 Got the $PENGU Airdrop? Uncle Sam Says Hi 👋
Free money? Not quite. Here’s what you really need to know:
1️⃣ Airdrop = Income. Yep, the IRS sees it as taxable income the moment it hits your wallet.
2️⃣ Selling = Capital Gains. If $PENGU flies higher after the airdrop and you sell, the profit gets hit with capital gains tax.
💡 Pro Tip:
Track your “cost basis” (value when you got the airdrop) and sale price. Trust us – you don’t want to guestimate this during tax season.
Tools we built like Kryptos Tax @KryptosConnect make it easy to stay compliant without pulling your feathers out.
Don’t let taxes sneak up on your $PENGU. Fly high, but stay in the clear!
Got questions? Drop them here.
Free money? Not quite. Here’s what you really need to know:
1️⃣ Airdrop = Income. Yep, the IRS sees it as taxable income the moment it hits your wallet.
2️⃣ Selling = Capital Gains. If $PENGU flies higher after the airdrop and you sell, the profit gets hit with capital gains tax.
💡 Pro Tip:
Track your “cost basis” (value when you got the airdrop) and sale price. Trust us – you don’t want to guestimate this during tax season.
Tools we built like Kryptos Tax @KryptosConnect make it easy to stay compliant without pulling your feathers out.
Don’t let taxes sneak up on your $PENGU. Fly high, but stay in the clear!
Got questions? Drop them here.
🚨 Think your crypto transactions are untraceable? Think again.
A Bitcoin investor was sentenced to 2 years in prison for underreporting and hiding over $4M in Bitcoin sales, resulting in a $1M tax loss for the IRS.
What happened, why it matters, and how to stay compliant 👇
——a short 🧵
A Bitcoin investor was sentenced to 2 years in prison for underreporting and hiding over $4M in Bitcoin sales, resulting in a $1M tax loss for the IRS.
What happened, why it matters, and how to stay compliant 👇
——a short 🧵
1/🚨 Italian Folks, are you aware? 🚨
Starting 2025, Italy's capital gains tax on #Bitcoin will rise from 26% to 42%! 😱
Gains over €2,000 ($2,171) will be hit hard, making it one of the highest crypto tax rates in Europe.
This move follows Bitcoin's soaring adoption and aims to fund key social programs. 💸
#BeAPioneer #DeFi #Web3Finance #Crypto #Tax #Italy #FinanceNews
Starting 2025, Italy's capital gains tax on #Bitcoin will rise from 26% to 42%! 😱
Gains over €2,000 ($2,171) will be hit hard, making it one of the highest crypto tax rates in Europe.
This move follows Bitcoin's soaring adoption and aims to fund key social programs. 💸
#BeAPioneer #DeFi #Web3Finance #Crypto #Tax #Italy #FinanceNews
1/ Aussie Folks, Just 2 weeks left to report your #crypto taxes! 🇦🇺
Nearly 50% of Aussie crypto holders don’t realize they must report their transactions to the ATO! 😬
Read more to learn which transactions are considered Capital Gains Tax by the ATO.
🧵....👇
#Web3Finance #Kryptos #FridayMotivation #FridayVibes #FridayFeeling
Nearly 50% of Aussie crypto holders don’t realize they must report their transactions to the ATO! 😬
Read more to learn which transactions are considered Capital Gains Tax by the ATO.
🧵....👇
#Web3Finance #Kryptos #FridayMotivation #FridayVibes #FridayFeeling
⚠️ QUICK ATTENTION REQUIRED US FOLKS⚠️
Only 24 hours left to file your 2023 crypto taxes before the October 15th deadline!
If you skip this, you could face penalties of up to 25% on what you owe. 😬
The IRS isn’t forgiving when it comes to late filers, especially with interest compounding daily.
Don’t wait until it’s too late!
Use https://t.co/aiWKHsc8m9 to organise your crypto transactions and avoid costly mistakes.
Last-minute stress is better than long-term fines!
Anyone else racing against the clock? Let’s talk below!
#BeAPioneer #KryptosUnveiled #Web3Finance #VictoryMonday #MondayVibes #MondayMood
Only 24 hours left to file your 2023 crypto taxes before the October 15th deadline!
If you skip this, you could face penalties of up to 25% on what you owe. 😬
The IRS isn’t forgiving when it comes to late filers, especially with interest compounding daily.
Don’t wait until it’s too late!
Use https://t.co/aiWKHsc8m9 to organise your crypto transactions and avoid costly mistakes.
Last-minute stress is better than long-term fines!
Anyone else racing against the clock? Let’s talk below!
#BeAPioneer #KryptosUnveiled #Web3Finance #VictoryMonday #MondayVibes #MondayMood
😱 Did you know?
A staggering 50% of Aussie #Crypto investors are unaware that cashing out their crypto pushes them into higher tax brackets!
If you made $10,000 in crypto gains and your income reaches $80,000, you’ll owe 32.5% in tax, or around $3,250! 🚨
Don’t let tax surprises eat into your profits!
Use https://t.co/aiWKHsc8m9 to track your transactions and calculate your tax liability easily. Stay compliant and keep more of what you earn. 💸
👉 Start now: https://t.co/VLS8qoulBp
#BeAPioneer #KryptosUnveiled #Web3Finance #FridayVibes #GoodFriday
A staggering 50% of Aussie #Crypto investors are unaware that cashing out their crypto pushes them into higher tax brackets!
If you made $10,000 in crypto gains and your income reaches $80,000, you’ll owe 32.5% in tax, or around $3,250! 🚨
Don’t let tax surprises eat into your profits!
Use https://t.co/aiWKHsc8m9 to track your transactions and calculate your tax liability easily. Stay compliant and keep more of what you earn. 💸
👉 Start now: https://t.co/VLS8qoulBp
#BeAPioneer #KryptosUnveiled #Web3Finance #FridayVibes #GoodFriday
Did you know that the Ireland revenue service tracks your #crypto activity across the EU? 😱
Many Irish investors overlook this, only to face hefty fines later.
In fact, penalties for crypto tax evasion in Ireland can double your tax bill, with fines up to 100% of the tax evaded, plus daily interest of 0.0219%. 🚨
You can even face jail time! Don’t wait until it’s too late.
With just a click of a button, Kryptos can track your crypto transactions from over 5000+ off- chain & On-chain platforms and automate your crypto tax reporting.
keeping you compliant and penalty-free. 💪
👉 Start tracking now: https://t.co/VLS8qoulBp
#BeAPioneer #KryptosUnveiled #Web3Finance #WorldMentalHealthDay #ThursdayMotivation
Many Irish investors overlook this, only to face hefty fines later.
In fact, penalties for crypto tax evasion in Ireland can double your tax bill, with fines up to 100% of the tax evaded, plus daily interest of 0.0219%. 🚨
You can even face jail time! Don’t wait until it’s too late.
With just a click of a button, Kryptos can track your crypto transactions from over 5000+ off- chain & On-chain platforms and automate your crypto tax reporting.
keeping you compliant and penalty-free. 💪
👉 Start tracking now: https://t.co/VLS8qoulBp
#BeAPioneer #KryptosUnveiled #Web3Finance #WorldMentalHealthDay #ThursdayMotivation
Only 6 days left until the October 15th #IRS extension deadline to file your crypto taxes!
Don’t let missed deadlines cost you—many investors who skip tax filings face up to 25% in penalties, on top of mounting interest. 😱💸
Avoid the headache of late fees and fines!
Crypto tax software like https://t.co/aiWKHscGbH can help track gains, losses, and report your returns smoothly before time runs out. ⏳
Don’t wait until the last minute! Act now to secure your finances.
How are you handling your crypto taxes this year? Let’s chat below! 👇
#BeAPioneer #KryptosUnveiled #Web3Finance #WednesdayMotivation #GoodWednesday
Don’t let missed deadlines cost you—many investors who skip tax filings face up to 25% in penalties, on top of mounting interest. 😱💸
Avoid the headache of late fees and fines!
Crypto tax software like https://t.co/aiWKHscGbH can help track gains, losses, and report your returns smoothly before time runs out. ⏳
Don’t wait until the last minute! Act now to secure your finances.
How are you handling your crypto taxes this year? Let’s chat below! 👇
#BeAPioneer #KryptosUnveiled #Web3Finance #WednesdayMotivation #GoodWednesday
🚨 Missed the April tax deadline?
You’re not alone!
In the United States, Over 20% of crypto investors face hefty fines for missing deadlines. 😱
But don’t panic—there’s still time!
The #IRS extended the deadline to October 15th for those who filed for an extension. 📅💸
With Kryptos, tracking crypto transactions from 5,000+ platforms is a breeze, and automating tax reports keeps penalties at bay.
Stay compliant with ease! 🛡️
Ever missed a tax deadline? Let’s chat! 👇
👉 Sync, Track, Report effortlessly: https://t.co/aiWKHsc8m9
#BeAPioneer #KryptosUnveiled #Web3Finance #FridayVibes #GoodFriday #FridayFeeling
You’re not alone!
In the United States, Over 20% of crypto investors face hefty fines for missing deadlines. 😱
But don’t panic—there’s still time!
The #IRS extended the deadline to October 15th for those who filed for an extension. 📅💸
With Kryptos, tracking crypto transactions from 5,000+ platforms is a breeze, and automating tax reports keeps penalties at bay.
Stay compliant with ease! 🛡️
Ever missed a tax deadline? Let’s chat! 👇
👉 Sync, Track, Report effortlessly: https://t.co/aiWKHsc8m9
#BeAPioneer #KryptosUnveiled #Web3Finance #FridayVibes #GoodFriday #FridayFeeling
South African Investors! 🇿🇦
Your crypto activities are definitely on SARS' radar! 😳
Every trade, every gain—they know. 👮
But don’t stress, https://t.co/aiWKHsc8m9 is here to help! 💁
Our platform tracks all your transactions, integrates with 5000+ Off-Chain & On-Chain platforms, and ensures full compliance with SARS.
From automated tax reporting to real-time tracking, you’re covered—only pay what you owe, no surprises. 💪
Join the biggest interconnected financial ecosystem in Web3, where managing your crypto is effortless!
Anyone else shocked by this? Let’s discuss! 👇
👉 Stay compliant today: https://t.co/aiWKHsc8m9
#BeAPioneer #KryptosUnveiled #Web3Finance #thursdaymorning #thursdayvibes
Your crypto activities are definitely on SARS' radar! 😳
Every trade, every gain—they know. 👮
But don’t stress, https://t.co/aiWKHsc8m9 is here to help! 💁
Our platform tracks all your transactions, integrates with 5000+ Off-Chain & On-Chain platforms, and ensures full compliance with SARS.
From automated tax reporting to real-time tracking, you’re covered—only pay what you owe, no surprises. 💪
Join the biggest interconnected financial ecosystem in Web3, where managing your crypto is effortless!
Anyone else shocked by this? Let’s discuss! 👇
👉 Stay compliant today: https://t.co/aiWKHsc8m9
#BeAPioneer #KryptosUnveiled #Web3Finance #thursdaymorning #thursdayvibes
🤯 You made solid gains from your crypto investments…
But here’s the kicker—you ended up paying way more tax than you should’ve! 😳
Many South African investors don’t realise they’re entitled to an R40,000 annual exclusion on capital gains.
That’s up to 18% tax savings you could be missing! 💸
But don’t sweat it! Kryptos automatically tracks your gains and helps you maximise your tax savings. 💡
Has anyone else overlooked this? Let’s talk! 👇
👉 Start saving today: https://t.co/aiWKHsc8m9
#BeAPioneer #Web3Finance #Fintech #Kryptos #thursdaymorning #thursdayvibes
But here’s the kicker—you ended up paying way more tax than you should’ve! 😳
Many South African investors don’t realise they’re entitled to an R40,000 annual exclusion on capital gains.
That’s up to 18% tax savings you could be missing! 💸
But don’t sweat it! Kryptos automatically tracks your gains and helps you maximise your tax savings. 💡
Has anyone else overlooked this? Let’s talk! 👇
👉 Start saving today: https://t.co/aiWKHsc8m9
#BeAPioneer #Web3Finance #Fintech #Kryptos #thursdaymorning #thursdayvibes
🤯 Been holding onto your crypto for over a year?
You could be sitting on a tax-saving opportunity! 💸
Many Aussie #crypto investors don’t realize that the ATO offers a 50% Capital Gains Tax discount for assets held for over 12 months.
Imagine selling $10,000 of #Bitcoin and only paying CGT on $5,000! 🎉
Don’t miss out on these savings— Kryptos can help you track your holding periods and claim your discount with ease!
Start optimizing your tax today!
👉 Calculate your tax savings today: https://t.co/VLS8qoulBp
#Kryptos #Web3 #thursdayvibes #GoodThursday #ThursdayMotivation
You could be sitting on a tax-saving opportunity! 💸
Many Aussie #crypto investors don’t realize that the ATO offers a 50% Capital Gains Tax discount for assets held for over 12 months.
Imagine selling $10,000 of #Bitcoin and only paying CGT on $5,000! 🎉
Don’t miss out on these savings— Kryptos can help you track your holding periods and claim your discount with ease!
Start optimizing your tax today!
👉 Calculate your tax savings today: https://t.co/VLS8qoulBp
#Kryptos #Web3 #thursdayvibes #GoodThursday #ThursdayMotivation
Lost €15,000 in #Crypto but didn’t know you could claim it as a capital loss? 😫
Many investors don’t realize they can offset these losses against their gains, potentially saving €5,000 in taxes! But without accurate records, those savings are out of reach. 📝
Don’t let your losses go to waste—use Kryptos to track and report them properly and turn this situation around. 💪
Has this happened to you? Share your story below! 👇
👉 Start tracking your losses today: https://t.co/VLS8qoulBp
#Kryptos #WednesdayMotivation #wednesdaythought #GoodWednesday #WednesdayWisdom
Many investors don’t realize they can offset these losses against their gains, potentially saving €5,000 in taxes! But without accurate records, those savings are out of reach. 📝
Don’t let your losses go to waste—use Kryptos to track and report them properly and turn this situation around. 💪
Has this happened to you? Share your story below! 👇
👉 Start tracking your losses today: https://t.co/VLS8qoulBp
#Kryptos #WednesdayMotivation #wednesdaythought #GoodWednesday #WednesdayWisdom
Lost €5,000 trading crypto this year? Don’t let those losses go to waste! 💸
In Italy, you can offset crypto losses against gains to lower your taxable amount.
For example, if you gained €10,000 but lost €5,000, you’ll only pay tax on €5,000, not the full €10,000.
Kryptos tax loss harvesting feature helps you track losses and reduce your tax bill by up to 26%!
Why pay more than you need to?
👉 Start saving today with https://t.co/aiWKHsc8m9
#Kryptos #GoodTuesday #VoteReady #tuesdayvibe #TuesdayMotivation
In Italy, you can offset crypto losses against gains to lower your taxable amount.
For example, if you gained €10,000 but lost €5,000, you’ll only pay tax on €5,000, not the full €10,000.
Kryptos tax loss harvesting feature helps you track losses and reduce your tax bill by up to 26%!
Why pay more than you need to?
👉 Start saving today with https://t.co/aiWKHsc8m9
#Kryptos #GoodTuesday #VoteReady #tuesdayvibe #TuesdayMotivation
😵 Caught off guard by taxes after staking or adding liquidity in #DeFi?
Imagine this: you stake $10,000 worth of ETH and earn rewards, but later find out you owe $2,000 in Capital Gains Tax because you didn’t realise DeFi activities can trigger CGT in Australia! 😬
Don’t let a lack of tax knowledge drain your profits!
With Kryptos, you can track every taxable event and stay compliant with ease. Start reporting your DeFi gains today before tax season deadline sneaks up!
👉 Get your crypto tax report now: https://t.co/VLS8qoulBp
#Kryptos #VictoryMonday #MondayVibes #MondayMotivation
Imagine this: you stake $10,000 worth of ETH and earn rewards, but later find out you owe $2,000 in Capital Gains Tax because you didn’t realise DeFi activities can trigger CGT in Australia! 😬
Don’t let a lack of tax knowledge drain your profits!
With Kryptos, you can track every taxable event and stay compliant with ease. Start reporting your DeFi gains today before tax season deadline sneaks up!
👉 Get your crypto tax report now: https://t.co/VLS8qoulBp
#Kryptos #VictoryMonday #MondayVibes #MondayMotivation
😨 Ever swapped crypto in Australia without realizing the tax implications?
Imagine this: you trade $5,000 of #BTC for #ETH and don't think twice.
Later, you find out you owe $1,500 in Capital Gains Tax— and it’s too late to fix it! 😳
Don’t let hidden taxes catch you off guard!
Tracking every swap is crucial.
With kryptos, you’ll never miss a taxable event again. It’s the tool you wish you had before tax season hit!
Start tracking now and avoid tax surprises: https://t.co/VLS8qoulBp
#Kryptos #Friday13th #FridayFeeling #FridayMotivation
Imagine this: you trade $5,000 of #BTC for #ETH and don't think twice.
Later, you find out you owe $1,500 in Capital Gains Tax— and it’s too late to fix it! 😳
Don’t let hidden taxes catch you off guard!
Tracking every swap is crucial.
With kryptos, you’ll never miss a taxable event again. It’s the tool you wish you had before tax season hit!
Start tracking now and avoid tax surprises: https://t.co/VLS8qoulBp
#Kryptos #Friday13th #FridayFeeling #FridayMotivation
😱 You mined, staked, and got airdrops in South Africa… but didn’t realize all that was taxable income!
Now, you’re looking at up to 45% tax on those rewards, and it’s too late to lower the bill. 💸
Ouch! If only you knew earlier…💡
But don’t let this happen again!
Kryptos tracks all your mining, staking, and airdrop rewards in real-time and calculates your taxes, so you never miss a beat! 📊
Anyone else caught off guard by this? Let’s chat in the comments! 👇
👉 Get on top of your taxes today: https://t.co/aiWKHscGbH
#Kryptos #Friday13th #FridayFeeling #FridayMotivation #FinallyFriday
Now, you’re looking at up to 45% tax on those rewards, and it’s too late to lower the bill. 💸
Ouch! If only you knew earlier…💡
But don’t let this happen again!
Kryptos tracks all your mining, staking, and airdrop rewards in real-time and calculates your taxes, so you never miss a beat! 📊
Anyone else caught off guard by this? Let’s chat in the comments! 👇
👉 Get on top of your taxes today: https://t.co/aiWKHscGbH
#Kryptos #Friday13th #FridayFeeling #FridayMotivation #FinallyFriday