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Taxation of Cryptocurrency and associated Digital Assets

A place to discuss all things related to taxation of cryptocurrency and associated digital assets
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Bitcoin Accountant here again to answer any questions you may have on the accounting side of bitcoin.

I'm back. Right now we are in a holiday lull, so I have a bunch of idle time to answer any of your questions that you guys may have. I live in the United States and work in the ACS (Accountant consulting) department for my firm.
Same as last time:
Anything I write is not to be construed as advice, but just information. If you want advice, please seek a local, qualified professional. Feel free to bring what I write here to help your accountant understand and make the decision that is right for you.
submitted by bitcoinaccountant to Bitcoin [link] [comments]

Bitcoin Accountants

Thinking about selling some crypto. Need an accountant to figure out how much tax to pay. I have had the crypto for more than 1 year. But I don't have the original receipt. Instead, I have the private keys. I'm wondering if I can show that I had the crypto for more than a year by showing control over the private keys.
submitted by harrypeters76 to BitcoinAUS [link] [comments]

Bitcoin accountant

Would anyone be able to recommend an accountant for tax advice on bitcoin trading profits?
I reached out to a few accountants but they all replied that they do not offer services to anyone working in the bitcoin space. I also tried Nowell Associates, who were recommended before on this subreddit, but they no longer advise on bitcoin.
submitted by crabmilk to BitcoinUK [link] [comments]

My girlfriend is doing her Masters in Accounting, and she wants to know how she can prepare herself to be a better Bitcoin accountant.

As Bitcoin is only 5 years old and I am assuming lot of people have already gotten really rich with it. My girl-friend is wondering if she can profit out of this by using her skills as an accountant. Will she be able to make her self an expert in doing accounting in Bitcoin in a very short time? (first two things that are important that comes to mind are regulatory and compliance of Bitcoin in USA). Any and all suggestions from you guys are helpful!
submitted by new_to_coinz to Bitcoin [link] [comments]

[uncensored-r/Bitcoin] Accountant dropped me as a client because Bitcoin trading bot. AMA.

The following post by wonderouscontraption is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7r03vo
The original post's content was as follows:
[removed]
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

[uncensored-r/Bitcoin] Accountant dropped me as a client because Bitcoin trading bot. AMA.

[uncensored-Bitcoin] Accountant dropped me as a client because Bitcoin trading bot. AMA. submitted by IamABot_v01 to AMAAggregator [link] [comments]

[uncensored-r/Bitcoin] Accountant help?

The following post by Bakeandwake is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7gdi5v
The original post's content was as follows:
Hey guys,
With the recent surge in prices can we discuss what's a good way to know if you've got an accountant that is worthwhile and understand bitcoin? Are there accountants here that would render services in exchange for bitcoin?
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

any bitcoin accountants in NYC? /r/Bitcoin

any bitcoin accountants in NYC? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Accountants in/near Toronto?

I've been looking for an accountant but they've all reject me because they don't know a thing about Bitcoin. Is there anyone in Toronto or near Toronto that actually knows about Bitcoin and has experience dealing with accounting for Bitcoin based businesses?
submitted by needabtcaccountant to PersonalFinanceCanada [link] [comments]

Whats the difference between. "Bitcoin account, native segwit and segwit" on Ledger live?

Hi
i have alittle BTCs stored on those 3 types. are 3 of them safe to store in them? i dont want one of them gets expired so i wont be able to reach them anymore.
Thanks
submitted by SEAR_ME to Bitcoin [link] [comments]

Created a bitcoin account in 2012 and lost access

Hello,

in 2012 I was very dumb and put 100 dollars into a bitcoin account. I used about 70 of it and left 30 and presumably it is still there. Unfortunately, I did not write my password down. I have the wallet id and an encrypted wallet backup. Is there any chance of gaining access to my account?
submitted by wildeeguidecityglide to Bitcoin [link] [comments]

How do I open a bitcoin account easily

submitted by Pigscanfly088 to Bitcoin [link] [comments]

God I hate bitcoin accounts

God I hate bitcoin accounts submitted by BubbyChuck to im14andthisisdeep [link] [comments]

Is this real..? I received payout to Slice Wallet and got Sum Coins instead of Bitcoins (account manager recommended Slice Wallet since the profit amount was over $50k)

Is this real..? I received payout to Slice Wallet and got Sum Coins instead of Bitcoins (account manager recommended Slice Wallet since the profit amount was over $50k) submitted by Kwonyoo to binaryoptions [link] [comments]

Mystery bitcoin account

Help I was messing around in I think it was feather shot screenshot software or what ever the name was and I was changing the url and finding random screenshots and I found a bitcoin account and I logged in too see wtf it is and I logged in does it track my IP if there is a 2fa wall
Edit: this was a tick tock thing I found
submitted by captainMony to ask [link] [comments]

At the beginning of the cryptocurrency boom, Bitcoin seemed to be the unquestioned leader. Up until early this year, Bitcoin accounted for the vast majority of the industry’s market capitalization; then, in a span of just weeks, Ethereum, Ripple, and other currencies rushed to catch up. While Bitcoi

At the beginning of the cryptocurrency boom, Bitcoin seemed to be the unquestioned leader. Up until early this year, Bitcoin accounted for the vast majority of the industry’s market capitalization; then, in a span of just weeks, Ethereum, Ripple, and other currencies rushed to catch up. While Bitcoi submitted by ashramitespaper to u/ashramitespaper [link] [comments]

Whats the difference between. "Bitcoin account, native segwit and segwit" on Ledger live? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Can any tell how to funds my bitcoin account to use it on t-y-j-wallet.com (x-post from /r/Cryptocurrency)

Can any tell how to funds my bitcoin account to use it on t-y-j-wallet.com (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

I don't use bitcoin, but is it possible to take my standard money, convert it to bitcoin on a bitcoin account and buy things online with bitcoin, then exchange unused bitcoin back into my regular currency?

submitted by thetittiestsprinkles to NoStupidQuestions [link] [comments]

Drug dealer loses codes for €53.6m bitcoin accounts

submitted by AudibleNod to news [link] [comments]

Created a bitcoin account in 2012 and lost access (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

How can I access my deceased brothers bitcoin account?

My [35m] older brother [37] past away a few months ago. I know that he traded bitcoin. I have access to his computer but not any of his passwords.
Is there any suggestions on how to access/who to contact/ how to sell it off?
Thanks
submitted by timmygraft to Bitcoin [link] [comments]

Intro to Accounting for Actuaries and Bitcoin Users How to Open Bitcoin Account - YouTube BITCOIN ACCOUNTING & TAX QUESTIONS with Elmer Howard Accounting for Cryptocurrencies under IFRS - YouTube How to Sell Bitcoin & Withdraw on Blockchain.com 2020 ...

Find a Bitcoin Accountant near you in Canada to help you with your cryptocurrency taxes. If you've profited from investments in Bitcoin, Ethereum, Litecoin, Ripple, or any other cryptocurrency then you need a crypto accountant that understands the tax implications of buying and selling cryptocurrencies. Bis 2019, Accountant, Bitcoin Alliance. Hamburg, Deutschland. Logg Dich ein, um alle Einträge zu sehen. Fähigkeiten und Kenntnisse Fähigkeiten und Kenntnisse. Logg Dich jetzt ein, um das ganze Profil zu sehen. Networking. Finance. Sports. Food. Werdegang Werdegang. Berufserfahrung von Thomas Oliver. 1 Jahr und 11 Monate, Sep. 2017 - Juli 2019. Accountant. Bitcoin Alliance. Logg Dich jetzt ... Are you looking for an accountant, CPA, or professional tax attorney to help you with cryptocurrency transactions? Do you need someone with knowledge and expertise in Bitcoin, Ethereum, Dash, Litecoin, Bitcoin Cash, and all other digital currencies? Below is our directory of tax professionals, organized by State. They have described themselves as experienced with cryptocurrencies, blockchain ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. With this price information in hand, a tax accountant can reconstitute the records offline to meet regulatory reporting requirements; such as the recent IRS guidelines that demands that bitcoin be treated as a property. Bitcoin as a type of “Base Currency” In the final adoption wave, while it may be far off, it is conceivable to see businesses deem bitcoin as the base currency and thus ...

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Intro to Accounting for Actuaries and Bitcoin Users

Accountants love Jargon so I've tried to keep this video in simple English. For the actuarial exam you will need to know how to prepare these accounts and what all the Jargon is, so study hard. https://www.cpdbox.com Short explanation for accountants of how cryptocurrencies work (without lots of technical details) and how to apply IFRS to accounting... Accounting for Cryptocurrency - Duration: 22:21. Valrie Chambers 337 views. 22:21 . Free Cryptocurrency Course [SEE DESCRIPTION]Learn Everything You Need to Know About Cryptocurrencies - Duration ... Link to this course(special discount) https://www.udemy.com/course/accounting-for-cryptocurrency-accounting-taxes-and-more/?ranMID=39197&ranEAID=Gw%2FETjJoU9... www.netellerbuysell.com [email protected] Buy Sell Exchange Neteller, Skrill, Webmoney, Bitcoin, Perfectmoney All ecurrency available at best price ...

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