I believe they expect you to pay if you sell that Bitcoin, so you should note the price you received it at so you know your cost basis if you sell them or send them to someone else. The person who purchased goods or services from you with btc triggers a taxable event on their end and pays taxes on t...

Don’t know, don’t care tbh. One of the biggest benefits of accepting #bitcoin as payment for goods or services (MOE) is that it’s completely p2p. We can create our own #circulareconomy without third parties, why should we ask permission?

The IRS wants you to claim anything you receive (even if it has no value). Not doing so is a violation of The Patriot Act too.

Yes. And they also expect you to pay income tax on the USD value of the BTC you received.