Hi r/bitcoin, it’s almost tax time! Are you prepared?
We are three Certified Public Accountants ready to answer your tax-related cryptocurrency questions. Ask Us Anything…
About us: We are Dennis, Josh, and David from Perelson Weiner LLP, a boutique accounting firm located in New York City. Our firm is dedicated to helping high-net worth individuals, their families and their businesses, both domestic and foreign. Perelson Weiner has been named by INSIDE Public Accounting, for the third year in a row, one of the Fifty Best of the Best of firms in the United States. For more information, please visit www.pwcpa.com.
The scope of this AMA: 2017 was an incredible year for cryptocurrency traders. We are here to educate you about US TAXATION of cryptocurrency and discuss ideas to help you keep more of your money in your pocket.
Please try to ask your questions in a more general way, if possible. For example, “What is the difference between a short-term capital gain and a long-term capital gain and how is each taxed?” as opposed to asking “I have this coin which I bought for $ X on this date and I sold it at this price on this date. How much tax do I owe?”
Disclaimer: Any accounting, business or tax advice contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, Perelson Weiner LLP would be pleased to perform the requisite research and provide you with a detailed written analysis. The terms will be the subject of a formal engagement letter that defines the scope of the desired consultation services. Please send your follow up requests to firstname.lastname@example.org.
Topics we can discuss: -Tax treatment of transactions -Tax treatment of forks -Determining and tracking your basis -Mining and related expenses -Foreign asset reporting
submitted by /u/PWCPAs
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