Simple Mining

The Small Business Bitcoin Tax Blueprint

The Small Business Bitcoin Tax Blueprint, a 26-slide guide for business owners on acquiring Bitcoin through mining and writing off the equipment, by Simple Mining

How a business acquires Bitcoin by mining it, what it can write off along the way, and four worked examples from $180K to $900K of taxable income. Entity choice, bonus depreciation, the back office, borrowing against Bitcoin instead of selling, and a year-end calendar, built on The Bitcoin Mining Tax Course with Mike LaLuna, CPA.