Wednesday, August 10, 2016

IRS At A Standstill with Bitcoin; Users and Tax Professionals Remain in the Dark

The Internal Revenue Service (IRS) has halted its proceedings of how individuals should report the earnings they make from bitcoin after failing to provide additional guidance to a notice released in 2014, according to the Tax Revolution Institute. In March 2014, the IRS was reported to have released Notice 2014-21 to the masses. Their aim […]

The post IRS At A Standstill with Bitcoin; Users and Tax Professionals Remain in the Dark appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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