Archive for the ‘Cryptocurrency’ Category.

Virtual currency: IRS issues additional guidance on tax treatment and reminds taxpayers of reporting obligations

The IRS is aware that some taxpayers with virtual currency transactions may have failed to report income and pay the resulting tax or did not report their transactions properly.  Therefore for the first time since 2014 the IRS has released two new pieces of guidance for taxpayers who enga...

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Member and Featured Faculty of

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