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RE: US Tax Considerations When Blogging for Magic Internet Money (Part I)

in #tax8 years ago

wow. my head hurts! but super informative and thank you for sharing your knowledge. Mark to market seems like to me!

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Thanks for the reply, my head has been hurting for like 16+ years. The sad part is that there is a second part this. The fist part is about how to determine taxable income the second part is determining capital gain/loss when translating or spending. I honestly don't think there was an easier way to explain this. I don't want a lare group of creators to get hammered by tax they had no idea was coming. It could tarnish STEEM in a bad way.

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