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X @IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊· 2025-09-04 00:56
Tax Implications for Digital Content Creators - Treasury Department deems "digital content creators" eligible for "no tax on tips" deduction [1] - Eligible occupations explicitly include streamers, influencers, and podcasters [1] Potential Tax Strategies - Suggestion to create multiple LLCs to receive "tips" and potentially avoid taxes [1] - Seeks creative and unusual solutions for tax exemption [1]
X @The Economist
The Economist· 2025-08-25 08:20
Player Acquisition - Super Lig's tax exemption historically attracted older European players [1] - The average age of Galatasaray, Fenerbahce, and Besiktas' summer signings is 26 [1]
X @The Block
The Block· 2025-07-17 19:53
Trump administration supports de mininis tax exemption for crypto, will continue to 'explore legislative solutions' https://t.co/JKmSofDEKO ...
BoA's Justin Post: Uber drivers earnings could increase a billion dollars not having to pay taxes
CNBC Television· 2025-07-08 18:16
Financial Performance & Market Impact - Bank of America increased Uber's price target due to strong bookings growth and potential driver pay increase [1] - Uber driver earnings could increase by approximately $1 billion due to the no tax on tips provision [2][6] - Tips are estimated to be about 14% of Uber driver earnings, equivalent to a 2.5% pay bump [6] Driver Supply & Regulatory Landscape - The elimination of taxes on tips could improve driver supply and Uber's operations [2][4] - Uber is unlikely to cut driver pay, viewing the tax benefit as a way to make the job more attractive and improve service levels [3][4] - Portable benefits gaining momentum would also likely attract more individuals to gig work [5] - Uber has signed agreements in several states for independent contractor benefits and desires regulatory certainty [5] Future Outlook - Progress in the AV (Autonomous Vehicle) industry has positively impacted Uber [7] - Strong delivery results are expected for Q2 [8] - AVs are expected to lower ride costs and increase demand in the long term, benefiting Uber [8]
X @Decrypt
Decrypt· 2025-06-30 18:29
Cryptocurrency & Regulation - Trump's proposed legislation, referred to as the 'Big Beautiful Bill', might include a 'Hail Mary' Bitcoin tax exemption [1]
Can you avoid paying taxes on settlement money?
Yahoo Finance· 2025-03-24 21:20
You might receive settlement funds, money paid to resolve a legal dispute, for a personal injury claim, workers’ compensation, or medical malpractice. While a settlement can help replace lost income and recover damages, it may also be taxable. Here’s what you need to know to avoid a huge tax bill on your settlement money. Understanding the different types of settlements The type of settlement you receive can significantly impact how it’s taxed. The Internal Revenue Service (IRS) groups awards into thr ...