Henry, TradingView.com columnist, Goldbug1, www.seekingcryptos.com/ , Alex Solis, www.solisdigitalassets.com/ , and Augi Schmitz welcome Aleksei Koutin CPA MBATM, Koutin & Associates CPAs PC, www.Cloudcpas.net
Aleksei answers taxation of Bitcoin and cryptocurrency questions such as how and when to recognize gains and losses from the sale of cryptocurrency, whether it is long or short term, how do you treat crypto to crypto currency purchases and are cryptocurrency assets held on foreign exchanges subject to Foreign Bank and Financial Accounts (FBAR) reporting?