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Tuesday, 25 March 2014

IRS Issues Bitcoin Guidance — It’s Property, Not Currency, And 1099s Are … – Forbes








Forbes


IRS Issues Bitcoin Guidance — It's Property, Not Currency, And 1099s Are …

Forbes

The IRS has issued a bevy of questions and answers about digital currencies like Bitcoin. The biggest news is that it is property for tax purposes, which means that: Wages paid to employees using virtual currency are taxable, must be reported on a Form





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