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Monday, January 27, 2014

Taxes

News                                                                                                                             
National Journal | How Is Bitcoin Taxed? The IRS Doesn't Know
How do you tax bitcoins? Apparently, not even the IRS knows. Internet forums like Reddit and bitcointalk.org are exploding with questions about how users of the increasingly popular virtual currency should fill out their tax forms this year.

Blogs                                                                                                                             
CATO | Tax Reform: The First Step Is Simple
New leadership is coming to the congressional tax-writing committees. Ron Wyden will be taking the helm of Senate Finance and Paul Ryan will be likely taking the helm of Ways and Means. This is good news, as both gentlemen are serious legislators and very interested in major tax reform.