Podcast | 10-15-2019

This week’s podcast focuses on the following items: 

  • IRS expands IP PIN program to 10 more states
  • Question on virtual currency transactions will be on Schedule 1, Form 1040 and 1040SR, along with release of more draft instructions
  • Hard forks of virtual currencies are taxable events per IRS and the rule appears to apply retroactively
  • Additional set of FAQs added for taxation of virtual currencies to IRS website

You can listen to the podcastview the video version, and read the corresponding notes.