First confusion comes from the fact that IRS is lumping the word ‘virtual currency’ to mean everything - cryptocurrencies and in-game currencies. According to CNN, the...
What you can expect in this article? Deeper look at the IRS Crypto Tax Audit notice letter Key takeaways from this audit notice you need to...
IRS has issued guidance on how to treat the cryptocurrency hard fork and airdrops for tax purposes. IRS Ruling 2019-24 specifically addresses cryptocurrency hard fork and...
You can also listen to the complete article and interview here: We have written a thorough review of the best crypto tax software in the market....
This page chronicles the adoption of blockchain and cryptocurrencies from 2018 and forward. If anyone asks you how the blockchain adoption came about - you can...
We will be introducing Week in Review starting this week. Before we get to that, we wanted to give you the scoop of important updates that...
Page 3 of the leaked IRS training document titled “IRS Cyber Crimes, Virtual Currencies, by James Daniel” opens ceremoniously to state that virtual currencies are “money...
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