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Old 07-11-2013, 10:31 AM   #1
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IRS reporting for physcial PM transactions

Long, but informative, article in coinweek covering when the government gets involved in your PM purchases and sales:
I drive men mad
For love of me,
Easily beaten,
Never free.

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Old 07-11-2013, 12:14 PM   #2
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This reminds me of how to fill out a tax return. Only an accountant can understand it.
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Old 07-12-2013, 05:08 AM   #3
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Originally Posted by Aubuy View Post:
This reminds me of how to fill out a tax return. Only an accountant can understand it.
If you are lucky to find one who can understand it.
If you keep doing what you are doing, You will keep getting what you are getting.
If you don't like what you are getting, You must change what you are doing.

GOLD is the money of KINGS.
SILVER is the money of GENTLEMEN.
BARTER is the money of PEASANTS.
DEBT is the money of SLAVES.
- Norm Franz
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Old 07-12-2013, 09:38 AM   #4
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If you walk in a shop and want to buy over $10K worth of PMs in cash and he gives you a form to fill out, walk away. I bet he changes his mind before you walk out the door.
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."

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Old 08-11-2014, 12:23 PM   #5
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Another resource on this subject:
The journey of a thousand miles begins with a single step. - Lao Tzu

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