For starters, if you didn’t know cryptocurrency is taxable, please read this . Since it’s not officially issued by any country, the IRS doesn’t view cryptocurrencies (Bitcoin, Litecoin, etc.) as a currency. Instead, it’s seen...

First off, it’s important to stress that yes, cryptocurrency exchanges are taxable. In fact, the IRS is pretty clear about the topic, and has released several notifications on the taxation of virtual currencies. In short, the federal government...