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RE: Republicans tell IRS to Back off of Coinbase!
How in the US crypto currency are considered property and how we are taxed on them is crazy enough. Its a cluster fuck when trying to figure profits and losses on ever transaction. Even with CoinTracker. Thank you for posting this in your words and explaining and not just copy & pasting.
Thank you. Yes it is a CF. I am confident that as the Banks cryptos come out those laws will be changed because no bank is going to do capital gains and losses on every transaction. It's just....ignorant. The banks will force it I think.
We will see.