{"id":23348,"date":"2022-09-01T05:43:55","date_gmt":"2022-09-01T10:43:55","guid":{"rendered":"https:\/\/www.dinarupdates.com\/observer\/?p=23348"},"modified":"2022-09-01T05:43:55","modified_gmt":"2022-09-01T10:43:55","slug":"dinar-community-update","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=23348","title":{"rendered":"Dinar Community Update"},"content":{"rendered":"<p><strong><span style=\"color: #c23b3b;\">Dinar Community Update &#8211;<\/span><\/strong>\u00a0 This week President Biden signed into law the $437 Billion spending bill ironically called the Inflation Reduction Act (IRA).\u00a0<strong><u>\u00a0$80 Billion is to be used to increase the size of the IRS<\/u>..<\/strong>.\u00a0 Why does this matter to you?\u00a0 Many disagree on how we&#8217;ll be taxed upon exchange.\u00a0 Some feel there will be no tax, others feel you&#8217;ll owe capital gains, others feel it will be treated as ordinary income. <strong>\u00a0<\/strong>\u00a0<strong>In the end only one opinion matters &#8211;<\/strong><u><strong>\u00a0the IRS&#8217;s.<\/strong><\/u><strong>\u00a0<\/strong> Consult your tax professionals to determine the right reporting for your unique circumstances.\u00a0 <strong>\u00a0$45 Billion of Biden&#8217;s Inflation Reduction Act money is\u00a0<u>specifically for tax collection and enforcement.<\/u><\/strong>\u00a0 Reports are between 50,000 to 87,000 IRS agents will be hired.\u00a0 Are they coming for you?\u00a0 Are they coming for people with a financial windfalls?\u00a0 Obviously they&#8217;re coming for someone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dinar Community Update &#8211;\u00a0 This week President Biden signed into law the $437 Billion spending bill ironically called the Inflation Reduction Act (IRA).\u00a0\u00a0$80 Billion is to be used to increase the size of the IRS&#8230;\u00a0 Why does this matter to &hellip; <a href=\"https:\/\/dinarupdates.com\/observer\/?p=23348\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-23348","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-64A","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/23348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23348"}],"version-history":[{"count":1,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/23348\/revisions"}],"predecessor-version":[{"id":23349,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/23348\/revisions\/23349"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}