What is bitcoin?An unknown person with an alias of Satoshi Nakamoto created the new currency bitcoin in 2009. There are no banks involved with bitcoin transactions - no middle men....
Posted by BRIAN PRZYSTUP & ASSOCIATES LLC on 08/28/2019
The consideration and cash streaming into cryptocurrencies have never been higher. Bitcoin has seen a resurgence in valuation in 2019, and Facebook keeps on investigating its virtual...
Posted by LLOYD J CAZES CPA on 08/26/2019
With all the enthusiasm and the possibilities of encryption, it can be easy to forget the cryptography fees. Almost all banks or other "altcoin" transactions (mining, air...
Posted by The TaxAdvocate Group, LLC on 07/29/2019
There are always consequences whenever bitcoin will be sold, bought, or traded. Bitcoin and other virtual convertible currencies should be treated as property, not as currency according...
Every bitcoin transaction either bought, sold, or traded comes with tax consequences.The Internal Revenue Service (IRS) has ordered the Coinbase cryptocurrency exchange deliver all...
Posted by Larry Kenneth Hurt on 07/25/2019
Bitcoin is a cryptocurrency. A type of electronic cash. It is decentralized digital currency without a central bank or single administrator that can be transferred from one individual...
Posted by Advanced Accounting & Tax Planning on 07/25/2019
Digital currency is very popular nowadays and almost everyone is aware of it. There are some countries which have banned the source of bitcoin however, there are many people in other...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 11/13/2018
A sudden and a quite dramatic market meltdown occurred to bitcoin and other major cryptocurrencies. Bitcoin may have gained steadily for weeks but it dropped in price by more than...
This question is very risky because the dramatic rise and fall of bitcoin has left many investors worried. From the last three years, bitcoin was increasing however, recently it has...
Posted by Flynn Financial Group Inc on 10/02/2018
