Multistate – Understanding Bitcoin And Taxes

As cryptocurrencies like Bitcoin become more mainstream, the Internal Revenue Service is paying close attention. In fact, from the close of 2018 and onward, we’re looking at monumental changes in how the IRS is considering these technologies, at least financially. Continue reading Multistate – Understanding Bitcoin And Taxes

Arizona – Crypto Tax Bill from Arizona Has Problems Getting Through

blokt by Ali Raza May 7, 2018 Arizona introduces the new Bill A new development in Arizona might see the recent decision made by the House of Representatives stymied with amendments. The vote was in favor of a tax Bill that would Continue reading Arizona – Crypto Tax Bill from Arizona Has Problems Getting Through

Multistate – Virtual Currency And Sales Tax

SALT Report 3329 – On April 8, 2014 congressman Steve Stockman introduced the “Virtual Currency Tax Reform Act”.  The IRS deemed virtual currencies (Bitcoin) as property requiring capital gains reporting.  This Act is intended to change the status of virtual Continue reading Multistate – Virtual Currency And Sales Tax