how does cryptocurrency accounting work reddit 2017

Last Updated on December 13, 2022 by Paganoto

How to file your U.S. crypto taxes! : r/CryptoCurrency – Reddit

I used Koinly last year and it worked great, it generated a crypto tax report I printed for my (older) accountant and he understood everything no problem.

Accounting, Blockchain, and Cryptocurrency – Reddit

Accounting, Blockchain, and Cryptocurrency · Go to coinbase.com (Very reliable marketplace, though customer service is lacking) · Make an account …

Blockchain and the accounting profession – Reddit

I’m an accountant, not a crypto expert. Say tomorrow, the SEC decided it wanted all public company transactions in USD on a centralized ledger.

I can't wait for an accountant to go through this mess – Reddit

If you bought 1 BTC for $100 and then sold it for $200, you’re taxed on the $100 gain. Likewise if you bought it at that same price and then …

Is blockchain decreasing the demand for accountants? I keep …

I’ve studied blockchain pretty closely and have been participating in the crypto markets since 2017. Blockchain may eliminate simple, mundane, …

My IRS Audit Experience. (A work in Progress.) : r/BitcoinMarkets

Every time you get bitcoin or any other crypto coming into your account and you cannot account for the purchase, it is assumed that the income crypto is INCOME.

Bitcoin on the balance sheet is an accounting headache for …

Yes, it’s considered an intangible asset rather than currency because the value fluctuates so much. If crypto gets widespread acceptance, …

Did I ruin my life by trading crypto? : r/tax – Reddit

I’m a student and I work part time making $12/hr as a retail associate at Barnes & Noble. I haven’t paid any taxes or filed any returns for 2017. I wanted to …

Hiya LUNATICS. I'm a CPA, working in crypto taxation … – Reddit

I’m a CPA, working in crypto taxation since 2017, and count on several investors and a few validators in the TERRA/COSMOS/IBC ecosystem as …

I'm a crypto tax attorney. AMA today, Jan. 27, starting at 10 am …

Part 1 covers how to report crypto on your tax return step by step (with a free cheat sheet download). Part 2 talks about how the IRS enforces …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.