IRS finally weighs in on cryptocurrency taxes


The revenue ruling answers common questions regarding the tax treatment of cryptocurrency “hard forks” and “airdrops,” a process by which new currencies essentially are split off from old ones. An example is when holders of bitcoin received bitcoin … The ledger, such as blockchain, is where transactions using digital currency are …The revenue ruling answers common questions regarding the tax treatment of cryptocurrency “hard forks” and “airdrops,” a process by which new currencies essentially are split off from old ones. An example is when holders of bitcoin received bitcoin … The ledger, such as blockchain, is where transactions using digital currency are …Read More

Loading Facebook Comments ...