The United States Internal Revenue Service (IRS) recently published a document reminding taxpayers that income derived from virtual currency transactions must be reported on income tax returns. The IRS states that taxpayers who fail to report virtual currency earning may be audited or made liable for “penalties and interest.” Also Read: Bitcoin Adoption Grows in Ugandan […]
The post IRS Reminds Taxpayers to Report Virtual Currency Earnings appeared first on Bitcoin News.
Powered by WPeMatico