Did you receive a 1099-K from Coinbase, GDAX or Gemini?
It is pretty normal for online services that accept payments for trades or business, such as PayPal or Stripe, to send out a 1099-K. This details the…
Article list for IRS
TIGTA Report on IRS strategy for income from digital currencies
On September 21, 2016, the Treasury Inspector General for Tax Administration (TIGTA) released its report on the IRS on how they have dealt with digita…
Need more time to file your taxes?
Today is the April 15th deadline for US taxpayers. If you can't file, or mail, your taxes by today you should file an extension that allows you to del…
IRS declares Bitcoin and Crypto-Currencies as Property
Big news for US taxpayers. The IRS came out with some guidance today on how to treat bitcoins and other crypto-currencies with regard to taxation. Tha…