How to Simplify Your Cryptocurrency Tax Keeping

Guest post, written by Jon The Internal Revenue Service (IRS) released official guidelines surroundingĀ general tax principlesĀ that apply on transactions made using cryptocurrencies in 2013. The guidelines state that the IRS treats all virtual currencies as property for tax purposes. This puts cryptocurrencies in the same bracket as stocks, where you need to pay taxes when … Continue reading How to Simplify Your Cryptocurrency Tax Keeping