Taxpayers to avoid obligations by sending mining proceeds to IRAs By Cointelegraph



Taxpayers to avoid obligations by sending mining proceeds to IRAs

North American mining and hosting firm Compass Mining is offering a new tax avoidance method for savvy crypto miners that file in the United States.

In a Thursday announcement, Compass Mining said it had partnered with IRA provider Choice by Kingdom Trust to help users mine directly to their IRAs “without ever triggering a taxable event.”