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IRS Releases First Guidance Regarding Cryptocurrency Since 2014
On October 9, the IRS released Revenue Ruling 2019-24, which offers the agency’s first cryptocurrency guidance since 2014. As described in our most
The IRS turns its focus to cryptocurrency
On July 26, the Wall Street Journal reported that the Internal Revenue Service has mailed letters to over 10,000 cryptocurrency holders warning that those
Does Santa Pay the Gift Tax? Does Santa Receive Wages of Cookies and Milk?
‘Twas the night before Christmas and all through the house, not a creature was stirring… except for St. Nick’s elf-accountants, who