U.S. income tax treatment of forks is unclear. A conservative approach would be to treat the receipt of new cryptocurrency as taxable ordinary income.
via CoinDesk
Sunday, April 8, 2018
CryptoCurrency News: Bitcoin Forks and Livestock Law? Tax Day 2018 Is a Different Animal
U.S. income tax treatment of forks is unclear. A conservative approach would be to treat the receipt of new cryptocurrency as taxable ordinary income.
via CoinDesk
CryptoCurrency News: Is XRP a Security? That And Other Ripple Debates Explained
Ripple has been on a tear this year, but it's popularity is bringing back old debates around what its distributed ledger tech is all about.
via CoinDesk
CryptoCurrency News: Five Steps to Stress-Free Crypto Tax Accounting
The prudent individual or business must keep up with regulation and develop a process to organize data related to trading cryptocurrency. Here's how.
via CoinDesk
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