Cryptocurrency - The Book of Receipts

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With this accounting sofware being developed, it's going to be so much easier to show a record and show all the transactions. Like that's been kind of, like, i do feel for lot of the founders in the crypto world because, like, it was hot. And now you don't really have an excuse. It's, i no excuse now, correctly and ten times better than before.

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.