Taxation of Digital Assets - cryptolawyerscorp.com

10/06/202515/07/2025

Tax Implications of Bitcoin Transactions: Reporting Requirements and Deductions

Marcus Eldridge17 mins0

Bitcoin transactions are classified as property under IRS guidelines, necessitating the reporting of any gains or losses…

Marcus Eldridge

Marcus Eldridge is a seasoned attorney specializing in cryptocurrency and blockchain technology law. With over a decade of experience in the legal field, he is passionate about helping clients navigate the complexities of digital assets and regulatory compliance. Marcus believes in the transformative power of blockchain and is dedicated to providing innovative legal solutions that empower businesses in the crypto space. When he's not advocating for his clients, he enjoys exploring the latest tech trends and writing about the future of finance.