The IRS is not letting up on taxpayers who have traded Cryptocurrencies (or as the IRS call them “Virtual Currencies”). Attorney Steven A. Leahy reviews the latest IRS Memo regarding the applicability of Section 1031 Exchanges and Cryptocurrencies.
Steven A. Leahy is a tax attorney in Illinois. He is the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com.