5 Tips for Reporting Taxes from Your Cryptocurrency Transactions
About Cryptocurrency Transactions When the IRS announced The Virtual Currency Compliance campaign, paying cryptocurrency taxes became a priority for investors and innovators in the cryptocurrency space. Under the law, Virtual currency is considered property for federal tax purposes. In other words, the digital coin is treated as real estate property and is subject to capital […]
Cryptocurrency in the Eyes of the Government
Government Cryptocurrency During the later part of 2019, the US government was deep into a debate on whether there should be a ban on cryptocurrencies or not. When Bitcoin started making significant strides in the US markets, critics of digital currency thought that cryptocurrency wouldn’t make it for very long. They were convinced that Bitcoin […]