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Guide To Cryptocurrency Tax Rules
How many bitcoin investors are not up to speed with the IRS crackdown? Millions, probably. Coinbase has 35 million customer accounts. The number of taxpayers reporting crypto trades was, until recently, in the hundreds. If it was once hard to plead ignorance of tax laws regarding crypto, it’s now impossible. The new Form 1040 demands that taxpayers say whether or not they own any virtual currencies. The yes/no question parallels the one that was implemented years ago on offshore investment accounts and led to nasty treatment of people who lied. 1. Cryptocurrency is property. Bitcoin and its competitors look a lot ... (full story)
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- Feb 10, 2020 4:47am Feb 10, 2020 4:47am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3436 Comments
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- Feb 10, 2020 5:04am Feb 10, 2020 5:04am
- Aussi
- Joined Sep 2013 | Status: Member | 4050 Comments | Online Now
NEVER WINNING A TRADES MUST BE HARD
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- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- TudorIoan
- Joined Dec 2015 | Status: Member | 3436 Comments
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- Aussi
- Joined Sep 2013 | Status: Member | 4050 Comments | Online Now
NEVER WINNING A TRADES MUST BE HARD
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- Feb 10, 2020 3:54pm Feb 10, 2020 3:54pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Feb 10, 2020 3:57pm Feb 10, 2020 3:57pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Feb 10, 2020 9:00pm Feb 10, 2020 9:00pm
- Aussi
- Joined Sep 2013 | Status: Member | 4050 Comments | Online Now
NEVER WINNING A TRADES MUST BE HARD
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- Edited 5:19am Feb 11, 2020 3:11am | Edited 5:19am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3436 Comments
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