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Title: IRS changes course declares bitcoin currency Post by: Singlebyte on April 01, 2014, 09:50:17 PM http://bitcoinmagazine.com/11909/irs-changes-course-declares-bitcoin-currency/
Government never gets things right.....especially on the first go around! Glad to see they are taking another look at it. Title: Re: IRS changes course declares bitcoin currency Post by: Alley on April 01, 2014, 09:53:24 PM April fools!
Title: Re: IRS changes course declares bitcoin currency Post by: Bit_Happy on April 02, 2014, 04:06:45 AM Bitcoin IS a currency.
Please do not let the Gov create your reality. Title: Re: IRS changes course declares bitcoin currency Post by: CryptoPanda on April 02, 2014, 06:29:01 AM 1st April
Title: Re: IRS changes course declares bitcoin currency Post by: bryant.coleman on April 02, 2014, 06:31:46 AM Tax-wise it'll not make much of a difference. Will it?
Title: Re: IRS changes course declares bitcoin currency Post by: Bit_Happy on April 02, 2014, 06:44:16 AM Tax-wise it'll not make much of a difference. Will it? It will, and it's confusing. Money (income) vs. property (capital gains) Accounting is a hassle either way... Title: Re: IRS changes course declares bitcoin currency Post by: waldox on April 02, 2014, 06:57:53 AM fool me once, shame on me
fool me twice... Title: Re: IRS changes course declares bitcoin currency Post by: bryant.coleman on April 02, 2014, 06:59:54 AM It will, and it's confusing. Money (income) vs. property (capital gains) Accounting is a hassle either way... In my country, long-term capital gains tax is much lower than income tax. So right now, it is a win-win situation. Right? Title: Re: IRS changes course declares bitcoin currency Post by: BitOnyx on April 02, 2014, 10:31:10 AM Another April Fools.
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