Free Site Registration


Email This Article

IRS’s Virtual Currency Guidance May Benefit Bitcoin Users

Michael Cohn

The guidance issued by the Internal Revenue Service this week treating virtual currencies such as Bitcoin as property rather than currency for federal tax purposes may end up helping Bitcoin investors, even though it means Bitcoin users will need to be extra careful to report their transactions from now on.

Login for Registered Users:

Log in below to email an article:


Twitter
Facebook
LinkedIn
Follow Accounting Today