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Tag: alternative currency

Don't Forget Bitcoin At Tax Time

Kelly Phillips ErbJanuary 11, 2015

Getting those tax records together for the 2015 filing season? Don’t forget about Bitcoin. The Internal Revenue Service (IRS) issued guidance to taxpayers in 2014

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Funny Money Or New Economy? Alternative Currency Raises Tax, Other Challenges

Kelly Phillips ErbJuly 22, 2013July 13, 2020

As interest in alternative currencies like Equal Dollars and BerkShares grows, the tax implications of using currencies for goods and services become more relevant. We know that IRS has its eye on digital currencies like Bitcoin and previously, Liberty Reserve, but what about local currencies?

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