Tag Archives: bitcoin

Few Bitcoin Tax Returns

SHARE: As of mid-February the state of Ohio had received state tax payments made in bitcoin from two companies. However, since the cryptocurrency payment platform only became operational in December, how successful this program will be is still undetermined. Three other states, Arizona, Georgia and Illinois, had bills introduced last year to allow for cryptocurrency…

Expecting Cryptocurrency Issues

SHARE: While most people think of government-issued money, there are now over 1,000 privately-issued currencies in the United States, Carol R. Van Cleef, a partner in the D.C. firm of LeClair Ryan, reported to the Regional Meetings. Although few of the meetings’ attendees indicated they currently own such currencies, she assured them that the millennial…