The IRS have issued a new guidance on taxation all type of cryptocurrency. The guidance clearly states out the all the below revenue rulings: The cost basis assignment on a gifted...
Posted by YourIRSTaxAdvocate.com on 11/05/2019
The enormous tax bust of crypto proprietors has started with the IRS mailing 10,000 letters to crypto account proprietors. These letters instruct crypto account holders about the guidelines...
Posted by John Pournaras Agency on 08/28/2019
How laws in taxation apply to digital assets like Bitcoin and Ethereum is as yet a hazy area that confounds individuals. I think many individuals who got into digital assets perhaps...
Posted by McCullough MAI CPA LLC on 01/27/2019
Cryptocurrency hails from the creation of blockchain technology, one of the trending network technologies today. Collective verified lists of data or records are blocks stored by blockchain,...
Posted by Valderas Financial Solutions LLC on 01/22/2019
Taxpayers trading cryptocurrency may have forgotten about taxes after Bitcoin’s exciting coming-out party in 2017. However, for U.S tax purposes, almost every bitcoin or other...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/22/2019
The Essential role of Tax PreparersTax paying has always been a matter of considerable controversy, from the great businesspersons to the average men of the state. Every now and then...
Posted by Fletcher Accounting and Tax Service Inc. on 01/09/2019
Until recently, cryptocurrency investors have mostly flown under the radar as far as taxes are concerned. Now those days are coming to an end, and many holders of virtual currency...
Posted by Tax Crisis Rescue on 12/29/2018
Cryptocurrencies outperformed every traditional asset, and 2017 was a lucky year for these digital currencies. The value of cryptocurrencies amplified by 900% and it gives a staggering...
