You are viewing a single comment's thread from:

RE: The IRS is data mining social media, Steemit is on the radar

in #irs7 years ago (edited)

I think most people will not be able to afford to take the most conservative approach because there is no automated cheap way of doing it. Manually entering everything into a spread sheet is a full time job which can take weeks. And the Steemit site doesn't make it easy, and they could.

Provided that we can run the calculations then people can pay the estimated taxes just to protect themselves from future audit but that might not even work.