Long-time Bitcoin advocate Senator Cynthia Lummis (R-WY) has drafted a bill that allows Bitcoin enthusiasts to spend small amounts of bitcoin without incurring capital gains taxes (which is very cool), but many — including myself — feel that the spending limits in the bill are too low.
As 2019 comes to an end, it's time to think about minimizing your tax burden. If you’re a bitcoin investor, calculating bitcoin taxes gets even more complex.