Crypto and Taxes: Do You Have to Address This With The IRS? Yes. Yes You do.

One of the beautiful things about decentralized currency and trading has been the silky gray areas that left it somewhere between the comfort factor of a home-cooked meal, and the rough and ready “anything goes” proposition of a steak over a cowboy fire in the wild west. But the comfort and freedom of that decentralization can be at risk, once the IRS gets involved.

For the first few years of its existence, crypto enjoyed an anonymity that made it attractive to all kinds of characters: white hats and…