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IRS Cryptocurrency Taxation

In Bitcoin, Crytpocurrency by Jason FreemanLeave a Comment

It’s been said that nothing is certain but death and taxes—so why should cryptocurrency be any different? Since the IRS’s first published cryptocurrency taxation guidance in 2014, tax professionals and taxpayers have struggled to understand their cryptocurrency reporting obligations. The IRS has since published a clarifying ruling and frequently asked questions to address a number of common cryptocurrency taxation issues. …