The Classification of Bitcoin and Cryptocurrency by the IRS

Accounting
Written By Blake Oliver

IRS guidance is silent on which section of the tax code cryptocurrency falls into. This has major implications for the tax treatment of transactions involving Bitcoin. Read Craig Smalley's analysis on CPA Practice Advisor.

Blake Oliver http://blakeoliver.com
Previous

Why Do We Still Commute?
Next

New Features and Improvements Announced at QuickBooks Connect