IRS Says Bitcoin, Other Convertible Virtual Currency To Be Taxed Like Stock
The IRS has finally issued some guidance on the tax treatment of Bitcoin and certain other virtual currency. What did they decide?
The IRS has finally issued some guidance on the tax treatment of Bitcoin and certain other virtual currency. What did they decide?
C is for Capital Losses. We hear a lot in the tax world about capital gains. But what about its counterpart, capital losses? You don’t see a lot written about losses because, let’s face it, they’re a bit of a downer. Nobody wants to talk about losing money. It’s much more fun to talk about…