The IRS has confirmed that it has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and...
Reading Time: 11minutes What follows is the content from a comment letter submitted to the SEC in response to questions and concerns regarding Bitcoin’s value. The comment letter can be viewed in its entirety here but the content is copied below. The Value of Bitcoin Bitcoin is often described as digital money. However, given that reasonable people may disagree as […]
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The blockchain is effectively a chain of blocks. There are multiple components to this decentralized public ledger, notably the storage of pertinent information,...
To date, people have bought many types of digital coins (“crypto”), both in initial coin offerings (ICO) and secondary resales (via various exchanges)....
Reading Time: 2 minutesThe only thing cybercriminals like more than activities that expose social security numbers are ones that involve debit/credit card transactions....
Reading Time: 1 minuteComodo advises taxpayers who file individual income tax returns online through an Authorized IRS e-file provider to be sure that...