Employer withholds part of gross pay and reports income to IRS in fiat

I have the option to send a percentage of my net pay to my bank as fiat

Has the price volatility ever impacted you at all?

Each paycheck varies a little in Bitcoin terms depending on the exchange rate.

I keep fiat for spending and bills. I saved so much fiat during Covid that I haven't needed to replenish my pile yet. I don't want to keep so much fiat since inflation is reducing it's value the longer I keep it.

bitcoin

Those who get paid only in BTC, how is it? Any advice for first-timers?

brianh

>How do income taxes work?

Employer withholds part of gross pay and reports income to IRS in fiat 

>Do you convert any to fiat? 

I have the option to send a percentage of my net pay to my bank as fiat

>Has the price volatility ever impacted you at all?

Each paycheck varies a little in Bitcoin terms depending on the exchange rate. 

I keep fiat for spending and bills. I saved so much fiat during Covid that I haven't needed to replenish my pile yet. I don't want to keep so much fiat since inflation is reducing it's value the longer I keep it.