We realize that our clients are interested in learning more about virtual currency. Below are 3 articles that have good information on how cryptocurrency may impact your taxes.

Treasury Signals Intention to Make Cryptocurrency Like Bitcoin Reportable on FBAR

Cryptocurrency Taxes 2020: What You Need To Know

Failure To report Cryptocurrency On Your Tax Return Can Lead To Trouble With The IRS

This blog post is informational only. If you have any questions regarding these articles or about your taxes, please feel free to reach out to us.