Hello I have started accepting payments with bitcoin due to its anonym state. Should I state them at my taxes as payments? Should I just spend them as a bitcoin on groceries and under 1,000 payments? Also, is it worth it to take them in cash using a crypto atm? What is my best option to not get this money tracked and taxed?
It is interesting that the cryptos are about and based on anonymity but most say to declare payments and be transparent. Thank you guys a lot I think I lean more towards the clear and transparent option.