As cryptoassets, such as bitcoin, have gained status as virtual assets, commentators have suggested that they serve as the new virtual gold.3 Both gold and cryptoassets share many… Read more “Gold and bitcoin: Tax implications of physical and virtual mining”
Tag: Crypto
The current state of evolution of cryptoasset taxation
The IRS began sparingly providing tax guidance on cryptoasset reporting standards beginning in 2014 with Notice 2014-21. The notice applied the general tax principles for property to… Read more “The current state of evolution of cryptoasset taxation”
Cryptoasset mining and state tax incentives
The popularity of blockchain and cryptoassets such as bitcoin has increased significantly over the past few years, as has their utility. Cryptoassets have become more mainstream, as… Read more “Cryptoasset mining and state tax incentives”
Azari T Benjamin PL 