I don't want to pay the ridiculously high short term gain tax on my crypto earnings through NFT flipping. I'm only 21 years old and before this newfound money machine, I only worked kitchen jobs. So all I know are W2 forms and Turbotax. Do you guys hire tax people to do this sort of stuff for you? I have transacted my money through multiple wallets and haven't yet turned all of my money in to USD. Any useful links? Best way to minimize the amount I owe? Is there any way the tax man can start looking through my wallet history?
Thanks much. Now I understand why the rich hate paying taxes so much, despite what they've made. dis my money