Tag: cryptocurrency

Understanding the Taxation of Cryptocurrency Transactions

Article Highlights:How Cryptocurrency is Treated for Tax PurposesCapital AssetWho Keeps Track of Cryptocurrency Ownership and TransactionsHow Many Cryptocurrencies Are There?What Is Cryptocurrency Mining?What Is a Cryptocurrency “Hard Fork”?Why Is Cryptocurrency Appealing to Some?How Is the Value of Cryptocurrency Determined?Are Cryptocurrencies Good Investments?Virtual Currency and 1031 ExchangesFirst In – First Out (FIFO)Foreign Currency TransactionsForeign Bank and […]

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