This Crypto Tax Strategies for Business Owners Guide is built for business owners who want to understand Bitcoin and cryptocurrency from a tax-savvy perspective. Below is the full summary content from our PDF guide, shared here for easy reading. You can also download the PDF version at the end of this post. This guide gives […]
Our Bitcoin Demystified event closed with a live Bitcoin Q&A for business owners. Attendees asked about mining costs, HSAs, estate planning, trusts, security, IRS compliance, and more. Below are highlights from James, Eric, Corey, and Laura’s answers—focused on what entrepreneurs need to know. How much does it cost to start mining Bitcoin? Eric Rice: A […]
Bitcoin IRA strategies allow entrepreneurs to use their retirement accounts to hold Bitcoin in a tax-advantaged way. At our Bitcoin Demystified event, Corey Daharsh of Advanta IRA explained how self-directed accounts (SDIRAs and Solo 401(k)s) work, why so few people know about them, and the practical steps business owners can take to compliantly invest in […]
Introduction to Backdoor Roth IRA for business owners If you’re a business owner or high-income earner, you’ve probably hit the wall with Roth IRA income limits. And that stings, because Roth IRAs are one of the most powerful tools for tax-free retirement growth. Good news: there’s a perfectly legal workaround called the Backdoor Roth IRA. […]