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Failing to report cryptocurrency on tax return could lead to audit or jail time

COLUMBUS, Ohio (WYSX/WTTE) — When it comes to cryptocurrency like Bitcoin, the IRS now wants to know about any transactions.

from Google Alert - cryptocurrency https://ift.tt/2V1C6bt

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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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