Taxing Every Bitcoin Purchase Will Backfire for the IRS The IRS’ 2014 tax guidance may encourage cryptocurrency users to use unregulated foreign exchanges and use privacy coins like monero or zcash.… Read More
IRS Reminds US Taxpayers to Report Crypto Earnings The IRS sent U.S. taxpayers a reminder Friday to pay taxes on any gains made from trading cryptocurrencies over the last year – including payments.… Read More
American Bar to IRS: Create Safe Harbor for Hard-Forked Cryptos The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.… Read More