Post
Topic
Board Beginners & Help
Re: Whitelist Requests (Want out of here?)
by
nikb
on 21/02/2013, 22:24:33 UTC
Hi,

I believe I have made my 5 posts by now..  I'm only just over 2 hours logged in and don't have time to continuously browse the forums a lot. I want to post a question regarding bitcoin taxes. I live in the US, and am wondering if I use BTC in my business, should I re-evaluate the value of the BTC in my inventory at the end of the tax period, or do I wait until I convert it to cash. (If I am using accrual basis). I think it would be more appropriate to ask in the legal forum than in here.

Thanks.

I think that's a question better suited for your accountant and/or your attorney. Do you really trust mostly anonymous people to dispense tax advice?