I remember when we wesed to fix computers and lazer printers, we got paid for taxi rides. And so what people were doing on their expense reports, they'd say, listen, kid, don't take the six dollar taxi. Now there's like, especially ber roying the come because you're not paying for all that stuff any more. It's a much better place.
Crypto is reaching the mainstream, which has major implications for crypto and traditional startups alike. Kruze Consulting COO Scott Orn joins to discuss what regulation and taxes actually apply to crypto (3:17), recent improvements in crypto accounting infrastructure (8:24), appropriately documenting crypto holdings (21:25) and more! With crypto market capitalizations rivaling large cap tech companies, the IRS wants its due. This is a great crash course for properly documenting crypto and avoiding future fines.