As virtual currency transactions rise, so does the enforcement of virtual reporting requirements. When reporting cryptocurrency on your tax return, a good rule of thumb is that you must report it on your tax return if a taxable event occurs.
Over the past few years, digital currency has earned the reputation for being the easiest and most efficient way to move money across international borders. Experts say the ability to accelerate the flow of money at a reduced cost, along with the fear of surveillance and the impact of war on the local currency are the primary reasons why Ukrainian government officials recently began requesting donations in cryptocurrency.
Register today! Join Peter Goodrich and Brian Goldblatt of Prager Metis and Herbert P. Moore, Jr., David J. Sorin, and Matthew E. Uretsky of McCarter & English on Thursday, October 29th at 2 pm ET/ 11 am PT. They will discuss
What Moved Cryptocurrency From the Fringes to the Mainstream? Ingenuity and the Attention of the IRSzoobi2020-12-29T15:30:48-05:00
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