Taxpayers aren't able to defer taxes on exchanges of cryptocurrency, even for transactions that occurred before 2018, an IRS official said. Up until now ...
from Google Alert - cryptocurrency https://ift.tt/2q9IFvy
Home » CryptoNews » IRS Official Says Pre-2018 Crypto Exchanges Aren't 'Like-Kind'
IRS Official Says Pre-2018 Crypto Exchanges Aren't 'Like-Kind'
By spyke_spurs • November 13, 2019 • CryptoNews • Comments : 0
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Crypto officially becomes a "third category" of property, fixing the fatal flaw in digital asset ownership.
A gold Bitcoin coin and a gold Ethereum coin displayed on a Union Jack flag in. Cover art/illustration via CryptoSlate. Image includes com...
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