Thursday 21 June 2018
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4 months ago

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, [ ] The post Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes appeared first on Bitcoin News.

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