Tax Strategies for Crypto-Currency (Bitcoin) in Business and Investments

Crypto-currency, such as the Bitcoin, has been increasing in popularity. Crypto-currency may be used to pay for goods or services, or held for investment. This crypto-currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value. In some environments, it operates like “real” currency, but it does not have legal tender status in any jurisdiction. For federal tax … Read more