January 16, 2018
Crypto-Currency – Hard Forks and What They Mean For Your Tax Bill

Crypto-Currency – Hard Forks and What They Mean For Your Tax Bill

Crypto-currency investment is a difficult subject matter to grasp. Even more difficult is understanding the tax implications behind it. If you have engaged in the mining […]
December 29, 2017
Will I Be Audited by the IRS if I Use Coinbase to Buy, Sell, or Store Bitcoins?

Will I Be Audited by the IRS if I Use Coinbase to Buy, Sell, or Store Bitcoins?

The cryptocurrency or virtual currency “Bitcoin” has exploded in value since its debut, skyrocketing from fractions of a cent in 2010, when it was traded for […]
December 26, 2017
Can the IRS Track Bitcoin, and What Should I Do if I Failed to Report My Bitcoin Income or Capital Gains?

Can the IRS Track Bitcoin, and What Should I Do if I Failed to Report My Bitcoin Income or Capital Gains?

From inception, Bitcoin has been synonymous with privacy and anonymity due to the fact that users do not need to provide personal identifying information in order […]
December 22, 2017
Why is the IRS Investigating Coinbase Users for Unreported Bitcoin Transactions?

Why is the IRS Investigating Coinbase Users for Unreported Bitcoin Transactions?

In November 2016, a federal court in the Northern District of California authorized the Internal Revenue Service (IRS) to serve a John Doe summons on popular […]
December 21, 2017
Why Bitcoin Users on Coinbase Should Be Worried About the IRS

Why Bitcoin Users on Coinbase Should Be Worried About the IRS

Our Bitcoin tax attorneys have witnessed the value of Bitcoin, a virtual currency or cryptocurrency first used in 2010, explode during the past several years. As […]
December 20, 2017
3 Facts Taxpayers Should Understand About Bitcoin and FBAR Reporting Requirements

3 Facts Taxpayers Should Understand About Bitcoin and FBAR Reporting Requirements

If you’re a regular visitor to our tax law blog, you may have seen some of our previous articles discussing Bitcoin, an anonymity-geared virtual currency used […]