Great post! Any suggestions for tracking capital gains between multiple crytpocurrencies?
As a fellow CPA who doesn't plan on moving to PR anytime soon, this seems like a huge pain to keep track of with thousands of trades so far in 2017.
RE: I'm Moving to Paradise on Jan 1 and Will Legally Pay No Tax on Cryptocurrency Gains! True Story!
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I'm Moving to Paradise on Jan 1 and Will Legally Pay No Tax on Cryptocurrency Gains! True Story!
It's a pain indeed! I know there's software out there (Libratax) too assist with bitcoin trades, but I think we are currently stuck with spreadsheets for everyone else.
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I'm not a CPA and I have very limited ability to track transactions when it's not completely automated. What are ordinary Steemians who aren't CPAs supposed to do? We can't all move to Puerto Rico.
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I will let you know when I go to file my 2017 taxes. This was my first year trading crypto so it's new to me. Stocks are easy to report, crypto will be interesting to say the least.
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