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RE: Cryptocurrency Tax Misconceptions | Bitcoin and Altcoin Gains & Losses from Steve!!!!!!!!
So much ignorance around related to the taxation of the space; you need to be very careful and get adequate advice from an experienced tax advisor. Unfortunately, not many are experienced as this is a relatively new area within the tax area. There are a number of resources in the Steemit community that help with information.
thanks!
Free tax tool for crypto traders! http://ge.tt/3GCXLdo2 theres also youtube video showing you how to use it
Bitaxx was created to help cryptocurrency investors track there trades by converting BTC amounts in to a more simple usd value. We use the time and date the trade was made to pinpoint the historic BTC value, once this is uncovered we multiply by the BTC trade value to produce a US Dollar value making your life easier. We think investors will use this tool for tax purposes as well as just a tool to simplify trading data. No longer do we have to be in the dark and not know the exact dollar value of our trades. We hope you enjoy this free tool and greatly appreciate any donations!
great resource thanks!