Bitcoin In IRS Crosshairs, Says Government Report
http://www.forbes.com/sites/robertwood/2013/06/18/bitcoin-in-irs-crosshairs-says-government-report/Bitcoin is virtual currency with no central bank or government. What does the federal government think of it? The IRS could do a better job telling people they have to pay tax on Bitcoin transactions, says a recent Government Accountability Office.....
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In short, people trading in Bitcoins may think they are avoiding taxes. But they are not, at least not always. And forget IRS silence. The IRS is unlikely to continue its watchful waiting, it seems. The new report says the IRS should watch Bitcoin and other virtual currencies closely.
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