Too Long; Didn't Read
There is no doubt that <a href="https://hackernoon.com/tagged/cryptocurrency" target="_blank">cryptocurrency</a> tax laws are in their infancy. After the Internal Revenue Service (IRS) issued <a href="https://www.irs.gov/pub/irs-drop/n-14-21.pdf" target="_blank"><strong>guidance on virtual currency</strong></a> to taxpayers in 2014, there has been almost no other legislation or guidance put forward. This article addresses the current state of cryptocurrency taxes and outlines the most important elements that you need to be aware of as a market participant.