/People Who Own Cryptocurrency Are Getting Slammed With More Taxes Than They Expected

People Who Own Cryptocurrency Are Getting Slammed With More Taxes Than They Expected



In January 2014, Nevada-based attorney Tyson Cross wrote a Reddit post that attempted to make sense of cryptocurrency taxes. Bitcoin had experienced a small boom that year, and the IRS had yet to weigh in on how it should be taxed. Many people were lost when it came to paying the government for …

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