In this Episode, Eric speaks Steve Toscher and Mike Stein from the Beverly Hills tax Law Firm of Hochman, Salkin, Rettig, Toscher & Perez, Pc and discusses everything you need to know about Crypto-Currency: What it is, how the IRS views crypto-currency, how to report these transactions, can you do a like-kind exchange of crypto-currency, why it’s such a hot button issue with the IRS civilly and criminally, and what to do if you have failed to report a transaction. This is the program every accountant and investor needs to know about the new wild-west of crypto-currency! <a href="https://www.taxlitigator.com/our-firm/our-attorneys/steven-toscher/"> Click here to contact Steve Toscher</a> <a href="https://www.taxlitigator.com/our-firm/our-attorneys/michel-r-stein/"> Click here to Contact Mike Stein</a> <a href="https://www.irs.gov/pub/irs-drop/n-14-21.pdf">Click here to download IRS Notice 2014-21</a>

Tax Rep Network with Eric Green

32. Crypto-Currency: Tax Ramifications and Enforcement Issues by Tax Rep Network

Join Eric L. Green with Tax Rep Network and build your practice. Navigate the ins-and-outs of IRS Collections, Offers-in-Compromise, Reducing IRS Penalties, etc. Turn this hottest of growth areas into a revenue stream for your practice and help hundreds of people resolve their worst nightmare!