POPA ReconYou'll know when you get a tax audit, but the more sophisticated the system, the more scary it is, the more rough it is, the more tired the…
You'll know when you get a tax audit, but the more sophisticated the system, the more scary it is, the more rough it is, the more tired the taxpayer can be. The IRS doesn't bring all the transactions in perfect order from the beginning, "What's this deposit?" "Where did this withdrawal go?" "Prove the acquisition price." "Submit transaction details on overseas exchanges." "If you're moving your wallet, please give me your wallet." If you start asking in this way, eventually, the proof has to be done by the taxpayer. So, it's not necessarily in the taxpayer's favor that the taxation infrast…
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