Nostr Web Client

Running a business that accepts Bitcoin in my state (Washington) is incredibly hard. Can't use Zebedee or anything easy cause they can't navigate the law. So I run my own node(s) with lnbits and do all my own accounting and taxes. I do this because I want to help pave the way and prove that accepting Bitcoin and lightning is legitimate to the Gerry government suits.

Through success or failure, I want to do my part to give back what Bitcoin has given me. That's why I'm running nostr and that's why I'm running bitcoin.

John (Clams) 1y ago

How long does it take to do your accounting and taxes? Any tips for other small businesses that want to do similar?

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Discussion

cloud fodder 1y ago

I do spend a lot of time on it but it's more of a long term thing where previous years learnings help the next years. I guess if I had any tips it would be: don't underestimate yourself, laws are just paragraphs that you can read and understand. Give yourself time, make the calculations with a spreadsheet and/or scripts, it gets easier the more you do it.

ManiMe 1y ago

I’m so daunted… and impressed.

John (Clams) 1y ago

Thanks for the insight. We (Clams) are hacking on a project right now that could probably help out a lot. Think quickbooks, but bitcoin only. If that sounds like something you’d be interested in I’ll def reach out to you when we have something worth showing.

cloud fodder 1y ago

cool! Ya I appreciate so much anyone doing this kind of thing and would take a look. As the years go by, it gets better and better.

John (Clams) 1y ago

Sweet, I’ll be in touch then!