John Bullis: Cryptocurrency is an asset; sales are to be reported
In 2014, IRS classified all virtual currencies as "property" for tax purposes. Think "bitcoin" etc.That means the sale of virtual currencies is a taxable event, just like the sale…
In 2014, IRS classified all virtual currencies as "property" for tax purposes. Think "bitcoin" etc.That means the sale of virtual currencies is a taxable event, just like the sale…