Looking for advice on this situation. Mining Ethereum - When Exactly Do I Owe Tax? At Mining or Selling? Is this as bad as I think?
Details: I'm in a situation where I need to understand my legal options. Has anyone dealt with something similar?
Keep meticulous records. The IRS loves to deny deductions for lack of substantiation. A $50 expense tracking app saves thousands in lost deductions during an audit.
Keep meticulous records. The IRS loves to deny deductions for lack of substantiation. A $50 expense tracking app saves thousands in lost deductions during an audit.
Keep meticulous records. The IRS loves to deny deductions for lack of substantiation. A $50 expense tracking app saves thousands in lost deductions during an audit.
Update: Thanks everyone for the guidance. I consulted with an attorney and we're moving forward. The advice here helped me understand what questions to ask and what to expect. Will update when there's a resolution.