Cryptocurrency
Are Virtual Currency Airdrops Really Taxable? IRS Clarifies New Tax & Reporting Requirements
The IRS released a memo on August 28, 2020, as part of an ongoing campaign to provide clarity on the
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The IRS released a memo on August 28, 2020, as part of an ongoing campaign to provide clarity on the
Cryptocurrency
Earlier this month, the IRS released the first guidance in five years on the taxability for virtual currency transactions, including
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Pay close attention, cryptocurrency investors: on Oct. 9, 2019, the IRS issued Revenue Ruling 2019-24 and 43 Questions and Answers,
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Q: How do you carry your bitcoins? A: In a wallet, of course. A wallet on any blockchain platform can
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Blockchain technology is all about trust and transparency. In the current model of commerce, we place “assumed trust” in companies
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What’s the future of cryptocurrency? Ask Stephen Pair, and you won’t get a cryptic answer. “I can anticipate the day
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When it comes to the challenges of cryptocurrency and taxes, ambiguity reigns. But companies should still plan ahead to avoid future problems.
Cryptocurrency
Initial coin offerings (ICOs) offer blockchain-based companies a whole new way to raise capital — but such companies need to be aware of tax issues.