December 2018 JD Supra

Due to its unprecedented level of value appreciation, Bitcoin investors, consumers and businesses are looking for IRS Guidance.  IRS recognizes that “virtual currency” may be used to pay for goods or services, or be held for investment; and that its sale exchange or use has tax consequences that may result in a tax liability.https://www.jdsupra.com/legalnews/many-are-now-looking-for-irs-guidance-57904/