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Up until this year many Americans could use USDT for accounting purposes. The IRS deemed crypto property (1031 exchange) meaning you could use like kind treatme
by mandel_ 9y ago
Up until this year many Americans could use USDT for accounting purposes. The IRS deemed crypto property (1031 exchange) meaning you could use like kind treatment and not pay taxes on the transactions ad they were both property. This treatment has officially ended in 2018.