The way Strike is attempting to handle it will be a consolidated report on all your sales during the year that you hand to your accountant. We enter the net effect, and attach the details to the report. Fold will look very similar.
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev I would love to see a pod about living on a Bitcoin standard in a practical way. How do you manage the ups and downs every month while still have fiat expenses . What are the current tax implications as they stand now. It would be amazing to have a round table with plebs living it, business supporting it like nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle and nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9, CPA’s weighing in like nostr:npub1drlw0wmu9tq37usx4qt3u6u4zj44mrf3zsfa6xhcdyrh3n4wpmgqr4rfg0. Jack’s recent podcast on the subject really got me thinking about it. Paying the cap gains taxes is one thing, accounting for and filing is the other altogether. Honestly I feel it’s greatest barrier to fully embracing living fully on BTC. I don’t want to be held captive to the system because living in fear of the IRS!
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