Crypto Investors Could Inadvertently Commit ‘Potential Felony,’ Tax Expert Says

As tax day rapidly approaches, there&#8217;s no lack of uncertainty amongst tax professionals regarding cryptocurrency investors purchasing digital assets through foreign exchanges. Regardless of the government’s seemingly straightforward legislative position, ambiguity continues to riddle the field when in-depth analysis is made. What Does the Law Say? The IRS has clearly outlined that transacting with cryptocurrency is treated the same as transacting with property and, consequently, taxes on capital gains are to be paid at the<br />Read More<br />The post Crypto Investors Could Inadvertently Commit ‘Potential Felony,’ Tax Expert Says appeared first on Bitcoinist.com.

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