cryptocurrency

March 16, 2018
Understanding Initial Coin Offerings, Tokens, and Their Tax Treatment

Understanding Initial Coin Offerings, Tokens, and Their Tax Treatment

By now, most people have heard of virtual currency. Whether it be Bitcoin, Bitcoin Cash, Etherum, or one of the several other cryptocurrencies, digital coinage has […]
February 22, 2018
Does Cryptocurrency/Bitcoin Qualify for 1031 Exchange Treatment?

Does Cryptocurrency/Bitcoin Qualify for 1031 Exchange Treatment?

In recent months, the idea that cryptocurrency such as Bitcoin might qualify for 1031 exchange treatment under tax law has been debatable. However, the new Tax […]
February 21, 2018
Bitcoin Tax Evasion Crackdown Intensifies as IRS Expands Crypto Compliance Program

Bitcoin Tax Evasion Crackdown Intensifies as IRS Expands Crypto Compliance Program

If you’re a regular visitor to our tax law blog, you may have read our recent article detailing the creation of two new agencies within the […]
February 15, 2018
Treasury Secretary Steve Mnuchin Worried Bitcoin, Digital Currencies Becoming the New “Swiss Bank Account”

Treasury Secretary Steve Mnuchin Worried Bitcoin, Digital Currencies Becoming the New “Swiss Bank Account”

A string of high-ranking government officials, including Indian Prime Minister Narendra Modi, British Prime Minister Theresa May, and U.S. Treasury Secretary Steve Mnuchin, recently expressed concerns […]
January 31, 2018
Attention Cryptocurrency Traders: Prepare for Higher Tax Liabilities Under the GOP Reform Act

Attention Cryptocurrency Traders: Prepare for Higher Tax Liabilities Under the GOP Reform Act

On December 20, Senate Republicans passed the Tax Cuts and Jobs Act of 2017, voting 51-48 to support a reconciled version of the bill which merged […]
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 […]