while I see this as what many people will be doing and I can certainly understand this perspective but would like to know exactly how the IRS would like me to handle this and find a comfortable place between fuck them and compliant. :)
in all seriousness you could just deregister yourself, go to spain and register there, and suddenly your just a tourist in your own country :) Im not here on buisness officer, i live in spain, im just on holiday each time im in the usa :)
this is true, things are getting out of hand for the irs. not exactly sure what they are doing, never really can be sure. Just makes me wonder if they have people even half as smart as the witnesses and coders working here, making tools to follow the money would be pretty easy. On steemworld it already shows the earnings and that's all the ammo the devil needs to start asking questions. This is what's on my mind
This is another consideration, figuring out how to treat the blogging as a profession and possible enabling an alternate tax treatment for the income and at which point it is taxed. So much gray area, this was on purpose.
while I see this as what many people will be doing and I can certainly understand this perspective but would like to know exactly how the IRS would like me to handle this and find a comfortable place between fuck them and compliant. :)
in all seriousness you could just deregister yourself, go to spain and register there, and suddenly your just a tourist in your own country :) Im not here on buisness officer, i live in spain, im just on holiday each time im in the usa :)
this is true, things are getting out of hand for the irs. not exactly sure what they are doing, never really can be sure. Just makes me wonder if they have people even half as smart as the witnesses and coders working here, making tools to follow the money would be pretty easy. On steemworld it already shows the earnings and that's all the ammo the devil needs to start asking questions. This is what's on my mind
im just lucky to have vanished so to speak from the fulltime radar but i blog to show that anyone can do it!
all my cash if im asked is from donations on the street :)
This is another consideration, figuring out how to treat the blogging as a profession and possible enabling an alternate tax treatment for the income and at which point it is taxed. So much gray area, this was on purpose.
if they are going to make us pay taxes on it are they also going to accept it as a currency? As a payment or are they going to make us transfer it?
Go self-employed!