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IRS and FinCEN clarify cryptocurrency reporting rules: Like-Kind Exchanges, Specific ID, FBAR, and Airdrops

Nov 13, 2019・3 min read・IRS

IRS and FinCEN clarify cryptocurrency reporting rules: Like-Kind Exchanges, Specific ID, FBAR, and Airdrops

At AICPA 2019, the IRS and FinCEN clarified cryptocurrency tax reporting requirements on Like-Kind Exchanges, Specific ID, FBAR, Airdrops, and more.

Shehan Chandrasekera, CPA