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That issue of cost basis can be problematic, to say the least. Just as for stocks or bonds, the cost basis is the price at which you acquired the asset. So bitcoin owners need to know not only the price when they realized value but also the acquisition price of their digital currency. That information may not be easily available — and many people have no idea they’re liable for taxes.Normally with stocks, for example, you receive a Form 1099-B from your broker with the cost basis, but with bitcoin you might not. A Form 1099-K might be issued if you’re transacting more than ,000 in payments and 200 transactions a year. But both conditions have to be met, and many people may not be using bitcoin 200 times in a year.“It’s a potential way to run afoul of IRS laws,” Harris says. “You’re conditioned with the receipt of the 1099 to know that you have a taxable event and what that taxable gain is. You don’t always get that with bitcoin. So many people just aren’t being informed from the exchange in a manner that they’re used to.”Whether you cross these thresholds or not, however, you still owe tax on any gains. While not paying taxes on your gains might be an honest mistake, don’t expect the IRS to take pity. The agency has already sued Coinbase, a cryptocurrency broker, for the records of traders who might not have reported their bitcoin gains.? Read more: Tax evasion vs. tax avoidance: what’s the difference? 1433

Speaking an event sponsored by the Bill and Melinda Gates Foundation, he quipped the Paris agreement was a "small agreement to save the planet." 144

SpaceX chief executive Elon Musk attached his own Tesla Roadster to the top of the rocket, complete with a dummy driver and David Bowie's 1969 "Space Oddity" playing on the roadster's sound system -- though it's unlikely to be heard in space. 242

Sorry we ticked some of you off! Don't let a tick bite ruin your summer. Protect yourself: https://t.co/zT2cMR2kKW.— CDC (@CDCgov) May 7, 2018 142

Shortly before 11 p.m. Thursday, patrol officers and paramedics responding to a 911 call found Sanchez and Mekrai in a car parked at Palm and Twining avenues in Otay Mesa, suffering from gunshot injuries, Lt. Matt Dobbs said. 225