Bitcoin mining company CompassMining allows users to send mining profits directly to their IRA account tax-free.
[Bitcoin Compass Mining company allows users to send income directly to their IRA accounts to avoid taxes] US clients of Bitcoin Compass Mining company can now send mined bitcoins directly to their personal retirement income ( IRA). Compass clients can work with Choice IRA, a cryptocurrency retirement service used by digital asset, Kingdom Trust, to mine Bitcoin tax-free. Compass provides hosting sites for individual miners and execution material for them, a site crawling model similar to Airbnb. In the process, the miners would have to pay a double tax. One is for bitcoin mining income and the other is for bitcoin mining investment income. The Compass movement allows consumers to spend money from their Choice account to purchase mining machinery and use their Choice IRA account directly for mining, tax exempt. (Parts office)
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