Presentation Suggests IRS Plan to Investigate Bitcoin Activity

Earlier this month, a slide deck given by the US Internal Revenue Service (“IRS”) Criminal Investigation division became widely available via a taxation professional’s Twitter. Comprised of nearly 180 slides, the document claims to lay the framework for an IRS crackdown on bitcoin tax evasion by … Read more about Presentation Suggests IRS Plan to Investigate Bitcoin Activity

Mid-Atlantic States Race to Legalize Cannabis

A legislative competition is underway on the East Coast as both New York and New Jersey seek to shape the framework of recreational cannabis policy for their region. Prior to assuming office in January of 2018, New Jersey governor, Phil Murphy (D), campaigned for the state to legalize cannabis. … Read more about Mid-Atlantic States Race to Legalize Cannabis

Ohio Now Accepting Bitcoin for Tax Payments

Beginning today, November 26, 2018, Ohio will be the first US state to accept Bitcoin payments for more than 20 kinds of state business taxes. Payments made in Bitcoin will be made through third-party payment service BitPay. The Ohio Treasurer's website lists the 23 kinds of business taxes that can … Read more about Ohio Now Accepting Bitcoin for Tax Payments