Dashboard
Top Suppliers by Spend
| Supplier | Total Spend |
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Monthly Spend Trend
Products
| PS ID | Brand | Product | Sell € | COGS € | Margin € | Margin % | Source | Status |
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Suppliers
| Name | Type | Payment | USDT Wallet | Website | Status |
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Invoices
| Date | Invoice # | Supplier | Amount | Currency | Payment | USDT Amt | Status |
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USDT Ledger
Wallets
| Name | Platform | Type | Address | Status |
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Transaction Ledger
| Date | Type | USDT Amount | USD Value | Rate | Wallet | Counterparty | Ref | TX Hash |
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IRS Tax Forms
Form 8949 — Sales and Other Dispositions of Capital Assets
Digital asset dispositions (USDT payments to suppliers) — Boxes G-L per 2025+ instructions
Form 8949 Entries
| Description | Acquired | Disposed | Proceeds | Cost Basis | Gain/(Loss) | Period | Box | Status |
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IRS Compliance Reference
USDT as Property: The IRS treats all digital assets, including stablecoins like USDT, as property (Notice 2014-21). Every disposal (payment to supplier) is a taxable event.
Per-Wallet Basis Tracking: Rev. Proc. 2024-28 requires tracking cost basis on a per-wallet/per-account basis starting Jan 1, 2025. Do not pool basis across wallets.
Form 8949 Boxes (2025+): Short-term digital assets use boxes G/H/I. Long-term use J/K/L. Box I = no 1099-DA received. Box L = long-term, no 1099-DA.
FASB ASU 2023-08: Does NOT apply to stablecoins. No fair-value accounting required for USDT.
Form 1099-DA: Starting 2025, brokers report gross proceeds. Starting 2026, cost basis will also be reported. Stablecoin sales under $10,000/year at a single exchange may be reported in aggregate.
Schedule D (Form 1120): C-Corporations report capital gains/losses on Schedule D attached to Form 1120. Form 8949 entries roll up to Schedule D.
PDS Workflow: Buy USDT on Coinbase → Record acquisition (cost basis = USD paid) → Pay supplier with USDT → Record disposal (proceeds = FMV of licenses received) → Gain/Loss = Proceeds − Cost Basis