Скачать или смотреть Cryptocurrency Recordkeeping Basics! | Cryptocurrency Investments Tips

Actively trading in digital assets and #cryptocurrencies can feel like a speculative sport but according to Internal Revenue Service Notice 2014-21 which outlined the IRS’s position on Virtual Currency you are actually buying, selling and trading property which requires good #recordkeeping to keep track of the details of these types of transactions. The more trading and activity you have, could make for a substantial burden to keep an accurate account of the details. Automating this process is one of the best solutions to manage the activity and track the tax consequences of each sale. Investing in Virtual Currency like other investment activities may also allow you the ability to deduct other investment-related expenses but always remember to do your due diligence!

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