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IRS on Bitcoin

Posted by: Zaher Fallahi
Posted On: Mar 25, 2014

Notice 2014-21 explains how existing general tax principles apply to transactions using virtual currency, including Bitcoin. It will appear in IRB 2014-16 dated April 14, 2014.

For assistance with the IRS representation, tax preparation, tax planning, foreign tax matters, and disclosure of your undeclared foreign bank accounts, please contact Zaher Fallahi, Tax Attorney, CPA, at (310) 719-1040 (Los Angeles) or (714) 546-4272 (Orange County), or e-mail totaxattorney@zfcpa.com.

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