Year-End 2017: Crypto Tax Goes Mainstream. What You Need to Know.

As the New Year rings in, tax season is here once again. For everyone in the crypto world with U.S. tax obligations it means that it’s time again to wrap your head around how to deal with the tax man. In the U.S., everything we know specifically about cryptocurrency and taxes stems from IRS Notice 2014-21. Accordingly, the following is a review of what IRS Notice 2014-21 says with some basic takeaways for getting you on track to accounting for your crypto taxes.

Tax, CryptoHadi HarpJanuary 2, 2018crypto, cryptocurrency, IRS, Coinbase, Virtual Currency, IRS Notice 2014-21Comment

What's an IRS Employer Identification Number (EIN)?

An Employer Identification Number or "EIN" is a nine-digit number assigned to sole proprietors, corporations, partnerships, estates, trusts, and other entities for tax filing and reporting purposes for use in connection with business activities.

Hadi HarpDecember 5, 2017IRS, Tax, Small Business, EIN, International Comment

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