your specific requirements or provide advice on which reliance should be placed. Disclaimer, the Content is general information only. TurboTax, save up to 15 on TurboTax. The IRS said that bitcoin and similar convertible virtual currencies are property for tax purposes.
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"Incomplete records might as well be no records.". This year, get your biggest possible tax refund without leaving your living room. Dollars as of the date each payment is made and keep careful daily forex market review records. Work with an experienced tax advisor year-round for a flat annual fee. You can visit our new, directory of Bitcoin Tax Professionals to help find crypto-currency knowledgeable tax accountants and attorneys for tax advice, tax planning or other tax services. Mondaq reserves the right, in its sole discretion, to take any action that it deems necessary and appropriate in the event it considers that there is a breach or threatened breach of the Terms. "Bitcoin is one example of a convertible virtual currency because it can be digitally traded between users and can be purchased for, or exchanged into,.S.
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