*****BITCOIN and CRYPTO TAX NIGHTMARE*****
Ernie Varitimos states,
"You are guilty until you prove yourself innocent..."
TAX ADVISE FROM "Trader of Futures"
STAY AWAY FROM CRYPTO CURRENCY
IT IS A TAX NIGHTMARE!
Ernie Varitimos "Trader of Futures" is warning that the IRS has employed special software to investigate all the CRYPTO EXCHANGES and RETRIEVE TAX RECORDS to match them up with your identity.
Ernie states, "You are going to have to record every single event...let that sink in!" Is he a TAX PROFESSIONAL?
This is yet ANOTHER REASON TO AVOID GETTING INVOLVED IN CRYPTO CURRENCIES!
Ernie recommends buying COIN TRACKING SOFTWARE to track your trades and keep track of tax records so that spyware can get on your computer and track your trades too and compromise your secure accounts. NICE IDEA!
