It comes down to balancing two factors: saving money and avoiding a dispute with federal and state tax agencies. (lawyerist.com)
In addition to guidance from tax agencies, legislators must also be up to speed on changes to the law needed to support tax compliance and not hinder positive advancement of new technologies. (coindesk.com)
The news comes amid a heightened interest among global tax agencies in cryptocurrency, one that follows the market's surge to more than $ 800 billion in value in Q1 2018. (coindesk.com)