Ted Bauman, born in Washington D.C, was raised in the eastern shore of Maryland. He achieved his two postgraduate degrees from Cape Town University in South Africa majoring in history and economics. He started working with the Banyan Hill Publishing in 2013. At Banyan, Bauman works as the editor of the company’s letter, Alpha Stock, and Plan B Club. He has specialized in privacy, international migration issues, asset protection as well as low-risk investment strategies. He currently lives with his family in Atlanta GA. Ted Bauman has dedicated most of his life in helping put individuals into direct access to the resources they require to live a successful life, free from corporate greed and government oversight.
Recently, Ted Bauman came out with a Banyan article about a significant concern for cryptocurrency users. According to Ted Bauman, most users of cryptocurrencies are worried after realizing the tax inferences of cryptocurrency transactions and sales. Those who had large balances of cryptocurrencies sold their bitcoin for big profits in December 2017. For those who made the significant advantage decided to reinvest their money in other kinds of cryptocurrencies. However, these different kinds of cryptocurrencies have not been so successful in the market regarding their declining rates as compared to the old ones. The exchange of cryptocurrencies has been dropping up to 50% from its highest points in 2018. Connect with Ted Bauman by visiting his linkedin account.
For those who sold their significant balances made outstanding money. However, the IRS is going for the suffering users of cryptocurrencies. Many bitcoin investors agree that they have never paid taxes for their transactions on cryptocurrencies. Other users claim they are not ready to start paying now because the bitcoin is a government free currency. It is not easy to hide from IRS, and the agency has come up with a team to learn about the use of cryptocurrencies concerning tax evasion.
In addition to this, Ted Bauman also advises how to safeguard one’s cash and personal data. Bauman warns Americans that there are many threats that they face every day. Government agencies, hackers, and corporations are always trying to get access to more personal information. Hence Bauman urges everybody to safeguard all their personal information. Bauman recommends that everyone should scan and have backup files stored somewhere else. Ted Bauman also wishes that everybody takes precaution to stop criminals from reaching their private data. Thus, Bauman commends that all people to encrypt all their original documents including their copies. Read more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=264684898&privcapId=109183793&previousCapId=109183793&previousTitle=The%20Sovereign%20Society