Cryptocurrency

BitcoinThe American Institute of Certified Public Accountants – the world’s largest association of accounting professionals – yesterday asked the Internal Revenue Service to issue immediate, updated guidance regarding the tax
Continue Reading AICPA Requests Immediate Guidance From IRS on Tax Treatment of Cryptocurrency Transactions

BitcoinWith the April 17 deadline for filing individual tax returns just around the corner, individuals who engaged in cryptocurrency transactions during 2017 must take care to properly report them on
Continue Reading With Tax Day Looming, Don’t Overlook Reporting of Cryptocurrency Transactions

BitcoinWith “tax day” fast approaching, the Internal Revenue Service on Friday reminded taxpayers that income from virtual currency transactions is reportable on their income tax returns. As we have previously
Continue Reading IRS Reminds Taxpayers to Report Virtual Currency Transactions