That Missing Hard Drive with 7,500 Bitcoins is Now worth $72 Million

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M Federal Tax Editor. Will the increase in the standard deduction in mean our clients will flock to cheap do-it-yourself software providers like TurboTax?

By way of anecdote, I received a new client this year who had always prepared their individual income tax returns on TurboTax. They are a husband and wife, both working professionals with W-2s, and they have kids and some basic itemized deductions like mortgage throws away hard drive bitcoin mining and charitable contributions. They told me they had done their return on TurboTax but wanted me to prepare their actual return to ease their concerns about the return being correct and passing government muster.

When I asked them for a copy of the return, they provided a page behemoth that was generated in TurboTax. As it turns out, they followed the directions in the program and while they technically prepared their return properly, their noncash charitable contributions were listed out on Form with each shirt, pair of pants, and toy taking up a separate line. My new clients don't need me to prepare their returns over TurboTax, but I sell peace of mind that software can't provide.

I also offer pretty good tax advice too. With the confusion over the changes under the TCJA, my clients will stay and refer their friends. Diane Fuller Contributing Editor. It was inand Throws away hard drive bitcoin mining Howells from Great Britain claims that he owned 7, bitcoins that year, which were stored on his hard drive but eventually ended up in a landfill.

Howells had been a bitcoin miner sinceand when he stopped mining, he reportedly broke down his computer into parts, selling them on eBay. He kept the hard drive in a drawer, throws away hard drive bitcoin mining, because it contained his bitcoin throws away hard drive bitcoin mining keys, and if bitcoin ever did become really valuable, the hard drive would have a record of his ledger.

Now he wants to dig up the landfill and find his buried treasure. The trouble is, digging up a landfill is an expensive undertaking that Howells acknowledges will create environmental issues including dangerous gasses and possible landfill fires.

Bring on the hazmat suits! Apparently, Howells isn't the only one to "lose" his investment. The editor of Gizmodo Australia, Throws away hard drive bitcoin mining Simpson, claims that he too threw away a hard drive in containing 1, bitcoins. Austin Lewis Managing Editor.

Throws away hard drive bitcoin mining you live in Orange County, your tax dollars are for the birds The program may seem like a waste at first, but according to the Orange County Register it's actually been a flyaway success. Inthe county's landfills averaged seagull sightings each day, and three years later the sightings were down to two per day.

The Board of Supervisors then decided to suspend the falconry contract to see if the birds would return. They did, so last summer they approved the program for another year. The falconry businesses are spreading their wings across California, where 51 licenses have been given to operators in the last few years, including 23 in alone. In addition to keeping birds away from landfills, the abatement services are popular at golf courses, farms, and airports.

Lynn Freer, EAis a French literature major, so of course her favorite vacation destination is France. Here she is dining on mussels and fish stew near Nice. Kathryn Zdan, EAmeets with an all-female photography group once a month and also spends her free time watching classic throws away hard drive bitcoin mining foreign movies.

Her dream is to recreate the pie fight scene from The Great Race. Tim Hilger, CPAis busily preparing taxes today. Tim is a golf nut who has played courses in all 50 states and often reminisces about his younger days shredding on his bass guitar.

Diane Fuller is a woman of many talents which include writing children's poetry, taking unwitting challengers to town in poker, and whipping up Michelin-worthy dishes from scratch. Find her laughing with her two grandkids. Austin Lewis loves classic rock, despite being born a few decades late, and he goes to more concerts than anyone else in the office. Here he is in Toronto throws away hard drive bitcoin mining summer, recreating the cover photo from one of his favorite Rush albums.

Did a friend forward this to you? To get on the Tax Season Tribune mailing list, contact anthonya spidell. New meaning to "mining" bitcoin Taking your tax dollars out with the trash Fun facts Mailing list.

M Federal Tax Editor Will the increase in the standard deduction in mean our clients will flock to cheap do-it-yourself software providers like TurboTax? Never miss an issue Did a friend forward this to you?

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Then you go to double check your numbers by summing up all the sales on the 8949 and compare them to the 1099k and they don't match up.