Crypto Talks logo Crypto Talks logo
Bitcoinist 2019-05-21 15:00:57

Of Course, The IRS is Updating Its Bitcoin Tax Guidelines as Price is Rising

With Bitcoin spiking more than 120 percent since the start of 2019, the U.S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U.S. Congressmen, the IRS Commissioner Charles Rettig declared that clear-cut Bitcoin tax guidelines were a top priority for the agency. The letter was in reply to an April 2019 letterRead MoreThe post Of Course, The IRS is Updating Its Bitcoin Tax Guidelines as Price is Rising appeared first on Bitcoinist.com.

N/A
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer