Sarson Funds Oct 22 . < 1 min read

These New IRS Tax Guidelines Are a Must-Read for Cryptocurrency Investors

The Internal Revenue Service continued its discovery and adoption of cryptocurrencies and digital assets into the United States financial system by issuing long awaited updates on the treatment of “hard forks” and “air drops.”

With the release of IRS Ruling 2019-4, the agency provides guidance on how cryptocurrency holders can account for their digital asset holdings.

Read the full IRS Guidance (Rul. 2019-4) here.