The IRS Takes A Position on Bitcoin

Bitcoin used to be something like Schrodinger’s currency. Without regulatory observers, it could claim to be money and property at the same time. Now the Internal Revenue Service has opened the box, and the virtual currency’s condition is established – at least for federal tax purposes. The IRS recently issued guidance on how it will […] View the full post at: The IRS Takes A Position on Bitcoin Related posts: Icahn Discloses Position in CIT Group A Position-Driven Market Taking Your Position in the “Go Nukes” Era