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October 31, 2019

New IRS Tax Guidance Targets Crypto, and US Persons Who Use It

New IRS Tax Guidance Targets Crypto, and US Persons Who Use It

[ad_1] On Oct. 9, 2019, the United States Internal Revenue Service issued Revenue Ruling 2019-24 and a series of frequently asked questions, identifying rules governing U.S. taxation of digital currencies. Taxation in the U.S. is unbelievably complex, but the new IRS guidance takes a step-by-step approach to address some of the most common issues facing […]