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Monthly Archives: October 2019
IRS Publishes Revenue Ruling 2019-24 on Virtual Currency Tax Issues
The IRS has released Revenue Ruling 2019-24 on virtual currency tax issues. Specifically, this ruling addresses income tax consequences of a “hard fork” of a virtual currency. This new Revenue Ruling 2019-24 is the first new IRS guidance on virtual … Continue reading
Posted in General
Tagged Bitcoin, estate planning, income tax, jim lamm, virtual currency
Comments Off on IRS Publishes Revenue Ruling 2019-24 on Virtual Currency Tax Issues