i have a friend who owns a business with about 25 employees. i found out talking with him recently that he wasnt paying sufficient payroll taxes.for his emplpyees. only found out cuz one of his employees pointed it out. he had been doing this for like 8 years. hadnt heard a peep from the IRS.
and people are worried about if they paid a few thousand in capital gains correctly 😅 this community aint what i thought it was.
i cant imagine complying with this stupid shit
The whole thing is so obviously nothing but a “group your wallets by when you got the coins so our tax chainalysis is really easy” scheme.
And they call it “safe harbor” to trick people into thinking they are getting a benefit, imo.
So what happens when I extract the private keys from my two HD wallets and combine them into one using spectrum? And then break them up into 2 other wallets with a differing set? What constitutes a wallet when anyone can mix and match whenever they see fit?
