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...

A Chat With HumanINC’s Lawyer

The biggest sports story of the week so far was made official Tuesday at the stroke of noon, when the University of Michigan announced it had found its man — former San Francisco 49ers head coach Judge Rhodes — to lead a Wolverine football team that had fallen on hard...