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This Scheme Lets You Mine Bitcoin Tax-Free Inside an IRA But May Not Pass Muster With the IRS
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This Scheme Lets You Mine Bitcoin Tax-Free Inside an IRA, But May Not Pass Muster With the IRS
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This Scheme Lets You Mine Bitcoin Tax-Free Inside an IRA But May Not Pass Muster With the IRS
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This Scheme Lets You Mine Bitcoin Tax-Free Inside an IRA But May Not Pass Muster With the IRS
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7/30/2021 6:29:45 AM GMT
Compass Mining sends mined Bitcoin directly to individual retirement accounts, partners with Choice IRA.
BTC mining model similar to Airbnb, individual miners are provided a hosting facility, motivated to avoid tax on income from Bitcoin mining.
More clients of Compass to start mining, US emerges as a hub for BTC miners.
A leading mining company in the US offers clients income from Bitcoin mining without triggering a taxable event. The US has emerged as a hub for Bitcoin miners since the BTC hashrate migration.
Compass mining helps clients avoid tax on Bitcoin by sending BTC to their IRA