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The Cash App Trap: Why You Shouldn't Spend Bitcoin.
Digital Asset News· 2026-03-30 20:19
Hello everybody and welcome to the Monday live stream. So it looks like Cash App just did what they said they were going to do. They're going to actually roll out Bitcoin payments to 4 million plus vendors. But there's something everybody should know which is why I believe you should not be spending Bitcoin in this way unless you know these things. So let's just break into it. So this was a uh post day by Bitcoin magazine. I'd actually forgotten about this and this was actually put out by Cash App and Jack ...
X @Coinbase 🛡️
Coinbase 🛡️· 2026-03-17 18:19
Crypto taxes in 2026, a cheat sheet:✔ new form: 1099-DA✔ sold crypto? taxable event✔ moved assets? your cost basis probably shows as "unknown"✔ "unknown" = the IRS may assume you paid $0 and you'll need to reconcile your basisFull unlock here ↓Coinbase 🛡️ (@coinbase):Check out our list of resources to make this tax season as easy as possible.• For your tax forms and resources to help you file: https://t.co/UAeAepbUzk• For our take about what’s changing this tax season: https://t.co/O8O133dV2Q• For a basic o ...
X @Coinbase 🛡️
Coinbase 🛡️· 2026-03-12 21:55
Crypto taxes got you confused this year?A lot has changed, so we're joining @CoinTracker to break down:→ What your 1099-DA actually means→ Why cost basis might be missing→ How our Tax Center + CoinTracker work togetherTomorrow.Set a reminder ↓https://t.co/Y1HqtxbsrC ...
X @Phantom
Phantom· 2026-03-05 22:45
Crypto taxes don’t have to hurt 💜Tap in with one of our tax partners for exclusive deals this season👇 https://t.co/NermviZO0n ...
X @Mayne
Mayne· 2026-03-04 19:03
With how complex Crypto taxes have become I genuinely think there is no reason to struggle doing them yourself.If you are trading on CEXs, trading on-chain, on ramping/off ramping even just moving money between accounts things get messy very quickly.The 1099-DA specifically is going to cause a ton of people to over pay on their taxes.Posting this again for posterity, use my friends @countonsheep.If you reach out thru this link https://t.co/wDOpCr5iVN they will give you a FREE consultation.coffee (@coffeedev ...
X @Coinbase 🛡️
Coinbase 🛡️· 2026-02-27 01:42
Check out our list of resources to make this tax season as easy as possible.• For your tax forms and resources to help you file: https://t.co/v8WFcraoxe• For our take about what’s changing this tax season: https://t.co/gqXWjRIPkm• For a basic overview of crypto taxes: https://t.co/oudq1m6DyW• For an explanation of each tax form: https://t.co/9RZMbeFEBg• For a deep dive on stablecoin reporting: https://t.co/JTWBsfyo12Legal stuff:Coinbase doesn't provide tax advice. Information here is provided to help custom ...
Leading Democrat Wyden Continues Probe Into Pantera Founder Morehead's Taxes
Yahoo Finance· 2025-10-01 22:33
Core Viewpoint - U.S. Senator Ron Wyden is investigating Dan Morehead, founder of Pantera Capital, for potential tax evasion related to his move to Puerto Rico and the reporting of capital gains from crypto sales [1][2]. Group 1: Investigation Details - Wyden's inquiry began in January and focuses on how Morehead reported taxes on over $1 billion in capital gains from crypto sales, specifically questioning whether he misrepresented his residency status to avoid U.S. taxes [2][3]. - The investigation highlights that Morehead may have treated hundreds of millions of dollars in gains as exempt from U.S. tax, despite a significant portion accruing while he resided in California [3]. Group 2: Legal and Political Context - Morehead's legal representation has reportedly become unresponsive, raising concerns about the seriousness of the allegations against him [3]. - The current inquiry does not have the full backing of the Senate Finance Committee, as the Democrats are in the minority and the committee chair has not joined the investigation [4]. Group 3: Broader Implications - The timing of Wyden's letter coincided with a Senate Finance Committee hearing on crypto tax issues, where witnesses indicated that the IRS may soon face a significant increase in tax reporting demands [5].