IRS guidance on the tax treatment of cryptocurrencies already exists. Right now, the IRS considers cryptocurrencies to be “intangible assets.” As a result, they are subject to capital asset treatment. However, recent developments complicate matters. On Aug. 1, Bitcoin split … Continue reading
We strive to bring you the most excitement a CPA can possibly bring. Calculators! Dynamic Content! Newsletters! ICFiles! We have it all at Troy & McArthur Jr, PC
