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RE: Side-earnings, Passive-earnings and Advertisings

in LeoFinance2 years ago (edited)

There are issues with this, right? Since this is substantial earning most people are nervous to talk about it in public. There are consequences that people fear. It is almost similar to winning a jackpot, you don't want to disclose your winning.

What we can do is 2-fold. First, Make the taxation on crypto transparent. Second, Have a more friendly environment to make the gaming aspect of it mainstream.

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Most countries have no idea what to do with all of the forms of crypto earning in regard to tax, so accountants don't even know what to do with it.

Well, In the US as well. But a lot of people stopped using accountants for doing taxes. For exaple, I use an online tool called TurboTax, which is perfectly file and have all the tools to enter crypto related gains.

So it is not really necessary to involve humans in doing bots job. Also my taxes are quite a bit complex than most average people.