@thatguyoverthere @Alphakilopapa @Murray_N
He went to Jarlsberg.
@thatguyoverthere @Alphakilopapa @Murray_N
He went to Jarlsberg.
Derp. The IRS rules on crypto have been in place for a few years. Every transaction must be accounted for, even purchases. It’s not cash, it’s not currency, it’s treated like a security. You need to account for the profit and losses when it leaves your hands.
If the IRS is knocking on your door, you better have your accounting right. And, the profit and loss needs to be reported in the quarter in which it was incurred, not at the end of the year. Best of luck to anyone spending Sats.
Looks like a successful test. China puta first Wang in the moon.
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