Virginia Duong

Polsinelli

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IRS Advises that Virtual Currency Received in Exchange for Microtasking is Subject to Ordinary Income Tax and Self-Employment Tax

As discussed in previous blog entries , the IRS has been engaged in an ongoing campaign intended to address noncompliance related to the use of crypto currencies, including a virtual currency compliance campaign spearheaded...more

10/8/2020 / Cryptocurrency , Income Taxes , IRS , Popular , Reporting Requirements , Self-Employment Tax , Tax Liability , Tax Planning , Tax Returns , Virtual Currency

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Virginia Duong

Polsinelli

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Latest Posts › Reporting Requirements

IRS Advises that Virtual Currency Received in Exchange for Microtasking is Subject to Ordinary Income Tax and Self-Employment Tax

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