Testimony on Digital Asset Taxation before the House Ways & Means Committee

- Not on the manifest — filing anyway. Jason Somensatto testified before the House Ways & Means Committee, demanding we stop treating crypto like regular income. He wants a de minimis exemption for daily transactions and block rewards classified as new property, not taxable income. Also, the wash-sale rule is unworkable for digital assets. Audit trail or audit prison. If you don’t file correctly, you get fined. Sign here. I’m not crying. That’s accounting condensation.