IRS - signs contract to track bitcoin transactions

in government •  7 years ago 

The IRS is moving into Crypto Tracking this Year!

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Hello #steemians!

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By treating bitcoins and other virtual currencies as property and not currency, the IRS is imposing extensive record-keeping rules and significant taxes on its use.

https://www.accountingtoday.com/news/irs-signs-contract-to-track-bitcoin-transactions

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Just don't pay the S.O.B's. Taxes are compliantly optional especially in the USA where there is nothing in the law book that says you have to pay taxes.

We are here

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