RE: The 6 Things Your CPA Won't Tell You About Crypto Taxes

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The 6 Things Your CPA Won't Tell You About Crypto Taxes

in bitcoin •  6 years ago 

As a CPA with a fair amount of 2017 sales activity....trying to determine best way to file for 2017....on extension now....I'd like to know who these CPA's are "applying the 1031 exchange rules" as most what I read and talk to...suggest they have no interest in filing that way...there is also the question depending on exchanges one used...whether FBAR reporting applys...

So I agree a lot of local tax professionals are clue less in this arena....don't suggest that the average Joe trader is equipped to do their own return..."easy" is a very relative term and in the eyes of the beholder.

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