Do you Trade Bitcoin? The IRS is Coming...#Wall-Street-Journal

in irs •  7 years ago 

Steemians... how is everyone treating crypto taxes this year? Most accountants don't have a clue, let alone the investors. I am sure most people are sharpening their pencils this tax season! Any crypto tax advice would be great if you can leave it below.

This was an article I found in the Wall Street Journal that was interesting...

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irs bitcoin wallstreetjournal blockchain taxes
7 years ago by

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      ·  7 years ago 

    People complain that cryptos are not used as "currency", well maybe that is because they are taxed as "property"...We need to change that.

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      ·  7 years ago 

    Come on! how do we keep up with every trade.

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      ·  7 years ago 

    The IRS and accountants really have no idea how to tax bitcoin... Lets keep it fair for everyone.

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    4 votes
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      ·  7 years ago 

    Thank you for this tips it's useful

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        ·  7 years ago 

      I feel like it's gonna be a cluster. I hope it's easy. To document every trade you have ever made? :-(

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