Opinions and Legal Insights

Tax on Virtual Currency Received for Microtasks

Our Federal income tax laws take a broad view of what counts as income and gain. The tax law then imposes a ridged framework for classifying and computing tax on income or gain. By casting the net wide, the tax law is able to capture just about every type of transaction that one could dream…Continue readingTax on Virtual Currency Received for Microtasks

The post Tax on Virtual Currency Received for Microtasks appeared first on Houston Tax Attorney Kreig Mitchell.