Crypto's Treated As Capital Property

in #money7 years ago

Working in the tax and accounting field for over 15 years, the surge of crypto currencies and how they will become the main form of payments, causes a need for great record keeping.

In the end these are treated like buying and selling stocks. With the many businesses that accept crypto it would be nice to know what type of point of sale systems they use and what are the best.

Does anyone have any experience in this, because I know in my life time as an accountant many clients and future customers will want to track this correctly and not get into hot water with the tax agencies.

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Blockchain explorers. Most reputable "blockchains" have em

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