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RE: Your ICO Tokens may be “Securities”, does it impact your U.S. Taxes?

in #money7 years ago

No official rulings yet, but I feel like tax season will be a nightmare... One thing is for sure, if you're one of the few accountants in the United States that knows/understands this stuff, you're going to have a busy/profitable tax season!

I'm 1000% paying for an expert when it comes to crypto taxation, definitely don't want to mess around with this stuff.

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Smart move Bobby; also knowing what information to give the expert is half the battle! Sharing everything is usually the best bet for a start, and they can opine on relevance of the information.

Are there any true experts?