Taxation of Cryptocurrency Forks and Airdrops

Taxation of Cryptocurrency Forks and Airdrops

In Revenue Ruling 2019-24 the IRS considered what are the tax consequences of crptocurrency forks and airdrops.  Those of us who hold, or held, cryptocurrency during widely-followed forks, such as Bitcoin’s 2018 fork into Bitcoin and Bitcoin Cash, know the drill.  The...

Where to go to ICO – Two ideas

The world is your oyster, as they say, when it comes to choosing where to incorporate your business(es) for an ICO.  That said, cryptocurrency regulation is new to many jurisdictions, who are looking for ways to define and manage what cryptocurrencies are. What makes...