Hello-
Bitcoin Financial Association is in day 4 of pre-release beta and the site is still under construction.
We did want to get you these links to a
series on Bitcoin and taxation for US citizens.Tyson Cross, a tax attorney who did an AMA on Reddit a while back was kind enough to work with us to format the articles into a comprehensive guide and give permission of the Association to use them.
Hopefully this is helpful to you!
(By the way, if you dont know already, Bitcoin Financial Association is a brand new industry group designed to help members of the public, government officials, the media, charities and businesses learn about Bitcoin --- for initial launch membership is FREE to members of this forum- click "join us" then join and use coupon code BITTALK)Also --
please sign our letter to regulator Ben Lawsky on Bitcoin regulation if you havent done so. Its on the site.
Thanks
HERE IS THE LINK
http://bitcoinfinancialassociation.org/bitcoin-tax-treatment-part-1/Part One - Tax Realization of Bitcoin Gains
Part Two - Tax Recognition of Bitcoin Gains You are Here
Part Three- Tax Character of Bitcoin Gains
Part Four - Tax Losses and Bitcoin
Part Five- Tax Deductions Related to Bitcoin
Part Six- Tax Record Keeping related to Bitcoin
Part Seven- Bitcoin Foreign Account Reporting Requirements