Scratching your head while doing crypto taxes this weekend? | Kryptos on Binance Square

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Scratching your head while doing crypto taxes this weekend? 😨 
Good News! 🍀
@Kryptos  is teaming up with  @Binance  to bring you expert guidance!   
Join Lucas Sturm  & Guillem Hors on #BinanceLIVE  as they guide you through the process!    
Including live audience Q+A 💬
📍:  Binance Live Link 
📅15th July 2024   
⏰15:00 CEST 
#BinanceTurns7  

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Aussies lost a jaw-dropping $1.3 billion to #Crypto scams in 2023! 😱 If you’ve been affected, you could potentially claim it as a capital loss to reduce your tax bill. 💰 But here's the deal—you’ll need solid proof to make it count! 📄 That’s where Kryptos comes in. Our platform helps you easily track your losses and file with confidence. Let’s turn a tough situation into an opportunity together. 💪 Has anyone else experienced this? Share your thoughts in the comments! 👇 👉 Report your losses now: https://t.co/aiWKHsc8m9 #Kryptos #GoodWednesday #wednesdaythought #WednesdayMotivation

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Attention, Italian crypto holders! 🇮🇹 holding more than €51,645.69 in #Crypto for over 7 days can trigger a 26% Capital Gains Tax on your profits? This threshold applies to all digital assets, and it’s important to track your holdings carefully. If you exceed this amount, you’ll be taxed on the total gains when you sell or exchange your crypto. Staying below the threshold or planning your trades can save you from unexpected tax bills! 📊 Get Agenzia Entrate complaint tax reports for FREE in just 3 simple steps. Sync, Track and Report with https://t.co/VLS8qoulBp #Kryptos #GoodTuesday #Tuesdayvibe #Tax

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1/ Allow us to give you the head start for a smooth tax reporting process! But first, let's get you warmed up with some deets regarding how SARS views #Crypto. 🧵....👇 #Kryptos #GoodTuesday #tuesdayvibe

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1/ Frustrated with clunky integrations slowing you down? 😵‍💫 We hear you! Managing multiple #Crypto accounts can be a headache, especially when the integration process feels like a maze. But not anymore! 🎉 Say goodbye to confusion and hello to a smoother, more intuitive experience with our Revamped Integrations Page! #Kryptos #DeFi #MondayMotivation

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ATO Assistant Commissioner Tim Loh warns...🚨 "Don’t think we won’t notice if you sell an asset for a gain and don’t declare it." For the 2024 tax season, CGT is a key focus, with #Crypto specifically highlighted. Remember, CGT applies to asset disposals, including shares, crypto, and properties. Ensure you calculate gains or losses for each asset unless an exemption applies. Looking for an ATO-compliant crypto tax software? 👉 This tool is absolutely free! https://t.co/VLS8qoulBp #Kryptos #GoodMonday #MondayMotivation

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