RE: Don't Be a Bitcoin Tax Evader

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Don't Be a Bitcoin Tax Evader

in bitcoin •  7 years ago 

As bitcoin adoption climbs, the IRS has gotten more and more serious about tracking down bitcoin tax evaders. The agency even filed a lawsuit earlier this year against Coinbase, demanding that the company turn over customer account information and transaction data. If you fail to correctly report your bitcoin gains on your tax return -- whether or not it was an accident -- you might be targeted by the IRS.

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