IRS and Crypto

in crypto •  7 years ago 

IRS is on the prowl. Can you imagine requesting access to all customer accounts? Witch hunt. Should a decentralized currency should be subject to taxation? What are your thoughts?

http://www.coindesk.com/the-irs-will-present-its-digital-currency-strategy-to-congress-next-week/

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It would be nice if they set some basic guidelines for people. I asked my accountant about it, and she was at a complete loss. This may be a huge problem for me next year. Most people pay their taxes, nobody wants to feel cheated, set some guidelines and people may not be happy about it, but I'm sure they'll pay.

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