Bitcoin and the pumpkin spice latte problem

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As Bitcoin continues to test new lows investors have more to worry about than an impending bottom. As the saying goes, “death and taxes” are the only certainties. For cryptocurrency investors, the latter will undoubtedly be responsible for more anxiety than the former this tax season. “It’s going to be a nightmare for people who are worried about [paying taxes on cryptocurrency earnings],” said Andrew Schaefer, a federally licensed tax expert in Florida, in a comment to The Washington Post. Aside from the sheer number of transactions some traders have on the books, the ambiguous classification of cryptocurrency means investors…

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