I'm not sure where an appropriate place for this question would be as I'm new to steemit, but here goes. I'm seeing videos about new Crypto tax laws popping up that state the new IRS tax laws included in the 2018 US budget will require taxation on every single transaction, including moving currency from one exchange to another as well as converting from BTC to LTC and back again to avoid high fees.
If this is true, would you do a video or blog about how you will handle the accounting for this? The exchanges aren't set up to provide the accounting information needed for day traders to keep up with accurate values at the time of movement and I'm not finding any CPA's prepared to give advice at this point. Thanks for any information in advance even if you only can provide speculation.
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