IRS Reminds Taxpayers to Report “GIG” Economy Income, Virtual Currency Transactions, and Foreign Source Income and Assets

On March 1, 2022, the Internal Revenue Service issued a notice (Link:  Tax Time Guide: IRS reminds taxpayers to report gig economy income, virtual currency transactions, foreign source income and assets | Internal Revenue Service) reminding taxpayers of their reporting obligations regarding the “gig” economy, virtual currency transactions, and foreign source income and assets.  The “gig” economy involves activity where … Read More