Bitcoin Mining Taxes | Dan Hannum | Compass Podcast
The Mining Pod | Bitcoin Mining News
English - March 24, 2022 11:00 - 37 minutes - 34.8 MB - ★★★★★ - 36 ratingsTechnology Business bitcoin blockchain cryptocurrency gaming investing mining money Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
There are only three sure things in life, death, taxes, and the difficulty adjustment. With the US tax deadline looming we brought on Dan Hannum from ZenLedger, a top crypto tax application to talk about doing your taxes as an individual or a company, tracking capital gains, and the processes you can put in place to make taxes less painful.
Will Foxley: https://twitter.com/wsfoxley
🎥 TIMESTAMPS:
Start 00:00
Intro 02:48
What is ZenLedger? 06:53
Mining taxes vs DeFi complexity 10:55
What is the data pulling process? 12:31
Putting BTC proceeds into lending apps 14:06
KYC 17:07
Hobbyist vs. corporation 19:46
State taxes 22:59
Hardware 26:15
Deductions as a company 29:39
Hobbyist example 30:40
Machines hosted in a foreign country 32:34
ZenLedger integration 34:40
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