Hi community
my agency incorporate in delaware , but i m not a us citizen , my agency does not have a bank account but we have an EIN . I would like to know how to shore to IRS my income ,Profit etc.....
I charge all clients with bitcoin and i use my personal paypal to pay hosting,maintenance and other fees.
I sold items for 29 bitcoin from july 2017 to january 2018, 25 btc still stay in the wallet and we exchanged 4 bitcoin in USD to pay other fees.
Can someone here provide me some ideas please?
I do completely agree on the things being suggested above by two guys which the best thing to do is to seek out professional advices regarding into this matter. I do believe theres someone who can answer into this forum but i doubt he wont able to see this thread out. You would really need to consult some lawyer and do ask about taxation matters. Talking back into your business it isnt bad to use up bitcoin but you would really need lots of things to be considered first before you do decide to transition.