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LGT's Profit Sense

U.S. Treasury Proposes New Cryptocurrency Tax Compliance Rules

Posted by Ebonee Washington, Staff II, Tax Services on Aug 11, 2021
U.S. Treasury Proposes New Cryptocurrency Tax Compliance Rules

  This article is a follow-up article. Read the first part here.

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Topics: Tax, cryptocurrency

IRS Heightens Reporting Requirements for Virtual Currency Transactions

Posted by Ebonee Washington, Staff II, Tax Services on Jul 9, 2021
IRS Heightens Reporting Requirements for Virtual Currency Transactions

Virtual currencies such as Bitcoin, Ethereum, Litecoin, and Ripple are gaining traction as viable currencies for a wide range of transactions. However, their increasing acceptance by the public...

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Topics: Tax, IRS, cryptocurrency, blockchain
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