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Overwhelming Majority of Bitcoin and Crypto Investors Refuse to Report Taxes



As the tax deadline draws closer, crypto investors will need to review their losses and gains related to their Bitcoin and altcoin holdings, and determine if they are required to report them on their taxes.

However, according to a recent Twitter poll, the vast majority of crypto investors are refusing to report their taxes, and are willing to risk stiff penalties should the Internal Revenue Service (IRS) discover the unreported earnings.

Crypto Investors Say “No Chance” to Reporting Taxes

This coming Monday is the tax deadline in the United States, a time when procrastinators scramble to the post office in hopes of getting their last minute tax reporting time-stamped before the deadline has passed.

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According to a new poll shared on Twitter by crypto-focused Youtube personality Crypto…





Read Full Story : NewsBTC

2019-04-12 20:00:15

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