episode 165 – pay your business’s tax bill with bitcoin

Cryptocurrency rockstar, Melane Howell, is with Dave on unsuitable on Rea Radio to talk about the volatile market and the future uses of Bitcoin in everyday life.

As we embark on the 2019 tax season, Ohio is set to become a case study in the area of using Bitcoin to settle your business’s tax bill.

Here to talk us through what this change means for businesses throughout the state and how one would actually go about making a tax payment with cryptocurrency is Melane Howell, an expert in the area of cryptocurrency.

Breaking Bitcoin News

Just in time to celebrate Bitcoin’s 10th birthday, Ohio will now be accepting Bitcoin payments for business taxes – the first U.S. state to allow this. Businesses can pay 23 different types of taxes through OhioCrypto.com, the state’s Cryptocurrency Tax Payment Portal. Note that this option is currently only available for businesses, not individuals, but that may change in the future.

If you are a business owner in Ohio or another state looking to pass a similar law, or you’re just keeping tabs on cryptocurrency, you will be interested in these other topics discussed in this episode:

  • Bitcoin and the volatile market.
  • The potential benefits of paying taxes using Bitcoin.
  • Other ways you’ll likely be able to spend cryptocurrency in the coming months or years.

If you liked this episode of unsuitable on Rea Radio, let us know by hitting the like button or by sharing it with your followers on social media. You can also use #ReaRadio to join the conversation on Facebook and Twitter, and you can watch the podcast in action on the Rea & Associates YouTube channel. We’ve also included access to additional resources on our website at www.reacpa.com.


articles & insight

Podcast | watch out crypto-collectors, the IRS is watching! – Listen to this podcast to learn more about investing in cryptocurrency and how the IRS is handling this exciting technology.

The Best Thing Since The Internet? – Blockchain is essentially a public ledger for all cryptocurrency transactions. Updated with every new transaction, the blockchain keeps sensitive data more private, secure and decentralized; it also allows users to make safe transactions without any interference from outside entities. Read on to learn more!

Podcast | holy cryptocurrency, batman! – A professional ‘crypto miner’, joins Dave on unsuitable to talk about investing in cryptocurrency and the future outlook.

official transcript

Click here to read the official transcript for episode 165, “pay your business’s tax bill with bitcoin”