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Tag: cryptocurrency

What Does Trading Cryptocurrency Daily Mean for my Taxes?

Trading Bitcoin

Cryptocurrency and Taxes From a technical perspective cryptocurrency is very easy to trade. Sign up to an exchange, deposit some fiat currency, and with just a couple of clicks one can become the new owner of some Bitcoin, Ethereum, or another coin that has taken the world of digital investments by storm. But while cryptocurrency… Read more »

The Ongoing Conflict Over Bitcoin And John Doe Summonses

People are still talking about a November 2016 decision that upheld an incredibly broad Bitcoin subpoena. In the decision, Northern California Magistrate Judge Jacqueline Scott Corley issued a John Doe summons targeting Coinbase Inc. The IRS directed the Bitcoin exchange to turn over all its records covering all its customers between 2013 and 2015. Although… Read more »