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The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, exchanged or acquired cryptocurrencies such as Bitcoin or Ethereum.
October 11 -
New releases address virtual currency transactions and how to handle a ‘hard fork.’
October 9 -
The deadline is approaching soon for many businesses to file their reports on unclaimed property, and now they might want to include lost bitcoins and forgotten cryptocurrency passwords.
September 11 -
The IRS considers Bitcoin and other virtual currency to be property and not fiat currency.
September 9Withersworldwide -
The Internal Revenue Service has fired its loudest warning shots yet across the bows of crypto investors.
August 28Tax & Accounting Professionals business of Thomson Reuters -
There's a new front in the agency’s burgeoning scrutiny of the crypto industry.
August 15 -
Firms are helping their clients keep track of Bitcoin and Ethereum assets and transactions, as well as the tax consequences, according to a new report.
August 13 -
A veteran in the technology, Top 100 Firm Aprio now aims to educate the profession
August 2 -
More than 10,000 cryptocurrency investors face a decision as they open letters from the Internal Revenue Service informing them that they may owe taxes on their digital holdings.
August 1 -
Bitcoin owners are being advised to pay back taxes on any income they failed to report.
July 26