IRS Keeps Attacking Virtual Currencies it appears that a sure way to be audited by the IRS is to have virtual currency transactions. I have been saying for many years, since I first learned about Bitcoin, that it is a commodity not a currency and therefore is subject...
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IRS Attacking Business using Bitcoin
THE IRS IS TARGETING BUSINESS TRANSACTIONS IN BITCOIN AND OTHER VIRTUAL CURRENCIES Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees, and investors are still confused about how they work and how to report...