So the bottom line is we're not accountants, we're not CPAs, we're not tax advisors.
I'm going to give you an answer from a layperson's perspective. Pretty much anywhere in the world that we know of, if you make money, you pay some taxes. You profit, some of your profit is going to go into paying taxes.
Now how that is done is through some software you have to take your transactions and reconcile them. And in fact, inside The Plan there is training with a tax expert that teaches members what the process is for collecting that data from the exchanges.
Don't let that distract you, though. If you join The Plan now and you haven't traded crypto before, you don't have to worry about that until next year because that's when you're going to pay taxes for anything you make this year.
Just know that the resources are there to teach you what to do and the fact that you will have to pay taxes. That's just a fact of life. You make money, you pay taxes. If you don't like it, your option is to not make money.
Personally, I would like someday to pay $1,000,000,000 in one year in taxes because guess what that means? That means I also probably got to keep at least $1,000,000,000, right? So taxes are just a necessary evil, whether we like it or not.
But The Plan has resources to help members manage the tax preparation process and so forth. So the tax info, the training that was done is valid for anyone in the world. The laws may be different. The tax rates may be different. But the idea of collecting the information to prepare your taxes is pretty much the same no matter where you live. And the software that is recommended by the accountant supports pretty much anywhere in the world.
I like the fact that crypto treats taxes better than anything else, because I mean, we come from the shoebox day where you sit down with your accountant, you roll out a receipt that's got a coffee stain on it and he puts it into his thing, adds it up...
These exchanges capture all of the transactions as they're moving in it now. So the data is all there. You just need to know how to access it and you need to know where to send it, and there is a special training session on this in The Plan.
The top crypto tax expert in the world is on The Plan. What you are going to discover is, all the talent ends up on The Plan. And that's not even intentional. That's just a byproduct of the Rapid Crush team being so successful, helping everyday folk around the world with The Plan.
And so, The Plan attracts the top talent as well, and they're there to help and support because they see the movement that's happening. And that's what crypto is, by the way, it's a movement. It's not just a bitcoin thing.
It's not just a financial thing, either. It's a whole new paradigm that's replacing the old horse and cart and buggy system that we all grew up on.