Cryptocurrency May Be a New Frontier for Investors, But the IRS Still Wants Their Piece. When and How Big a Bite Should You Expect Them to Take?
For a time, investing, or perhaps more accurately, speculating in cryptocurrency was a tax-absent free-for-all. In many ways, the crypto world is still a “wild west” environment. Because bitcoin is built on an open-source (owned by no one) platform and has no governing bodies, it is all but impossible to regulate on the same level […]