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Bitcoin / Virtual Currency

November 24, 2016
U.S. Treasury Department Partners with IRS to Enforce Stricter Bitcoin Regulations

How does the IRS treat Bitcoin?

In March 2014, the IRS issued Notice 2014-21, which addressed its treatment of Bitcoin transactions and exchanges. The notice provided a brief guide to the underlying […]
November 24, 2016

What Is Bitcoin?

The U.S. Treasury identifies Bitcoin as a decentralized virtual currency. It was created in 2009 by an individual or group using the alias “Satoshi Nakamoto.” It […]
November 24, 2016
bitcoin tax lawyer help

Should You Report Bitcoin on Your Taxes?

Should You Report Bitcoin on Your Taxes? The IRS is on the Hunt for Bitcoin Tax Evaders. Last Thursday, the Department of Justice filed a broad […]