Within the past year, the IRS has not changed its position on the way they are treating the taxation and reporting of digital token transactions. This alert serves as an update to last year’s rundown of cryptocurrency...more
7/18/2019
/ Cryptocurrency ,
Digital Assets ,
Income Taxes ,
IRS ,
Legislative Agendas ,
Like Kind Exchanges ,
Personal Property ,
Personal Property Tax ,
Section 1031 Exchange ,
Self-Employment Tax ,
Tax-Deferred Exchanges ,
Virtual Currency ,
Wages
With the individual tax filing deadline approaching it is a good time to visit the tax treatment of your bitcoin and other cryptocurrency transactions from 2017.
With the increase in publicity and use of cryptocurrencies,...more