Crypto News Bulletin from cointelligence

Wednesday July 31, 2019 5:50 PM
5 years 3 months ago

IRS Letter 6174-A and 3 Things to Watch for in Upcoming Cryptocurrency Guidance


According to Rettig, the IRS is working on providing clarity for 'acceptable methods for calculating cost basis, acceptable methods of cost basis assignment, and the tax treatment of forks.' This article addresses the most important things to watch out for in the new guidance and why they matter.The post IRS Letter 6174-A and 3 Things to Watch for in Upcoming Cryptocurrency Guidance appeared first on Cointelligence.

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