Tax Treatment of Virtual Currency Transactions

by | Oct 1, 2020 | News

Whether you’ve invested in Bitcoin and sold it at a profit or loss or received it for services performed, you’ll need to report it on your tax return. Here’s what you should know: Background Prior to 2014, there was no IRS guidance and many people...

Tax Treatment of Virtual Currency Transactions

by | Nov 4, 2019 | News

If you’ve invested in Bitcoin and decide to sell you need to consider the impact of virtual currency transactions on your taxes. Here’s what you should know: Background Prior to 2014, there was no IRS guidance and many people did not understand that...
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