Latest / Tax Rep Network with Eric Green
32. Crypto-Currency: Tax Ramifications and Enforcement Issues by Tax Rep Network
In this Episode, Eric speaks Steve Toscher and Mike Stein from the Beverly Hills tax Law Firm of Hochman, Salkin, Rettig, Toscher & Perez, Pc and discusses everything you need to know about Crypto-Currency: What it is, how the IRS views crypto-currency, how to report these transactions, can you do a like-kind exchange of crypto-currency, why it’s such a hot button issue with the IRS civilly and criminally, and what to do if you have failed to report a transaction. This is the program every accountant and investor needs to know about the new wild-west of crypto-currency!
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