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May 31, 2014, 06:16:13 PM |
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This is a GREAT idea! One I've wanted for a long time. Actually, it's a BIG reason I don't use Multibit very much, except to store some of my coin make a few larger purchases. I do most all my spending in Coinbase -- almost entirely because of the reports they generate that can be used especially well for tax reporting. Even if you've decided not to comply with the IRS guidance and report your bitcoin dispositions on your income taxes, you have to create your own spreadsheets and keep them up to date to do any sort of historical examination of your transactions in Multibit. If you've decided to do the IRS required reporting, then Multibit is no help at all with your requisite record keeping.
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