Until late 2019, the IRS had released very little guidance on the tax treatment of what it refers to as “virtual currency” except Notice 20141, which defined virtual currency as “property,” like ...
WASHINGTON (Reuters) - Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that bitcoins and other virtual currencies are to be treated, for tax ...
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U.S. Senate panel to hold crypto tax policy hearing on October 1
The Senate Banking Committee will hold a public hearing on October 1 to go after one of the most confusing messes in U.S.
WASHINGTON, March 25 (Reuters) - The U.S. Internal Revenue Service said on Tuesday that virtual currencies such as Bitcoin are to be treated as property for tax purposes. Weighing in with official ...
If you're a Bitcoin user and you haven't filed your taxes yet, get ready. The Internal Revenue Service released Notice 2014-21 Tuesday, which describes "how existing general tax principles apply to ...
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