A discussion regarding Bitcoin. Legal Rules and Regulations for business owners regarding Bitcoin use in business ventures. How Bitcoin is considered property under the Internal Revenue rules.
General: https://www.irs.gov/uac/about-publication-525
Guidance: https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance
Instructions: https://www.irs.gov/instructions/iw2w3/ix01.html
Bulletin 938 FAQ: https://www.irs.gov/irb/2014-16_IRB/ar12.html
BIP-148: https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bip-148-uasf/
Damian Barton provides only business services. He is NOT a lawyer, a law or accounting firm and therefore, are not empowered to provide (1) legal services or advice (2) financial planning advice or (3) tax advice. The information and concepts presented in here have been garnered from sources deemed reliable at the time of rendering the information. It is provided ONLY as a starting point in order for you to undertake your own investigation of the subject matter.
Thank you for taking the time to learn about the subject.
Website: http://www.ambizservices.com or Email: damianquestiny@gmail.com (www.questinybook.com)
Steemit: Damian Questiny #Bitcoin based
If you have any questions, comments or concerns, please feel free to contact me. Thank you for your interest on the topic.
Cheers to your Success!