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No wonder there are companies out there whose value add message is solely to provide tax compliance for crypto trading. This sounds like a nightmare since you
by hkmurakami 9y ago
No wonder there are companies out there whose value add message is solely to provide tax compliance for crypto trading.
This sounds like a nightmare since you don't have exact timestamp data for anything really.
- mathgeek 9y agoThis isn't tax advice, but it's common accounting practice to use a daily average value for trades where you only know the date and not the exact time of the trade. There's plenty of guidance from the IRS since many crypto trade situations have corresponding traditional concepts.