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Bitcoin => Bitcoin Discussion => Topic started by: adhitthana on September 09, 2014, 10:44:34 PM



Title: Bitcoin tax accounting software
Post by: adhitthana on September 09, 2014, 10:44:34 PM
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?


Title: Re: Bitcoin tax accounting software
Post by: allgoodthings1 on September 09, 2014, 11:03:53 PM
Not simple. Not cheap. Closest thing might be http://www.libratax.com/ (http://www.libratax.com/).


Title: Re: Bitcoin tax accounting software
Post by: leopard2 on September 09, 2014, 11:45:34 PM
or Darkcoin/Monero  ;D