Rep. Matt Gaetz (R-Fla.) introduced a bill Tuesday that would allow Americans to pay their federal income tax in bitcoin. Gaetz said the radical move would “promote innovation, increase efficiency,…
Hey crypto bros, it’s a trap! Once they get your tax payment in Bitcoin, they will consider that a capital gain and expect to see the transaction on next year’s tax return.
Hey crypto bros, it’s a trap! Once they get your tax payment in Bitcoin, they will consider that a capital gain and expect to see the transaction on next year’s tax return.