With all the excitement concerning the price of cryptocurrencies, individuals and businesses have glossed over the fact that every cryptocurrency transaction is a taxable event that also has revenue implications.
Vern Krishna explains an importance to maintain transaction records in respect of taxpayers' investments in cryptocurrencies in his featured article for The Lawyer's Daily.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.