Author

Topic: Bitcoin tax accounting software (Read 924 times)

legendary
Activity: 1372
Merit: 1014
September 09, 2014, 06:45:34 PM
#3
or Darkcoin/Monero  Grin
sr. member
Activity: 270
Merit: 250
September 09, 2014, 06:03:53 PM
#2
Not simple. Not cheap. Closest thing might be http://www.libratax.com/.
legendary
Activity: 1190
Merit: 1000
September 09, 2014, 05:44:34 PM
#1
I was reading an article today..http://www.forbes.com/sites/erikamorphy/2014/05/29/is-it-really-worth-your-while-to-use-bitcoin-to-pay-your-dish-bill/  ..which stated.

Quote
In short, if and when consumers start using bitcoins for their everyday transactions on a widespread basis, they will find their paperwork burden increasing if they want to stay in compliance with tax laws. That, it turn, could temper their appetite for its use
.

But surely there must be a simple and cheap way to deal with this?. Bitcoin, with everything timestamped seem to me to be very accounting friendly.
Is there much happening in this space?
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