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Archive by Month: May 2020

Despite Lack of Clarity, Cryptocurrency Investors Must Still Strictly Comply with Federal Tax Laws in 2020

Articles/News, Hot Topics

Posted on May 5, 2020

For cryptocurrency investors, the challenges of understanding how the Internal Revenue Code (IRC) applies to cryptocurrency transactions do not provide an excuse for non-compliance. As a result, as federal Tax Day approaches, individual and corporate taxpayers must ensure that they have a clear understanding of what they need to report on their federal returns. Contact Boston tax attorney Kevin E. Thorn today to get the answers you need and discuss your specific situation in greater detail.

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