In this Episode, Eric speaks Steve Toscher and Mike Stein from the Beverly Hills tax Law Firm of Hochman, Salkin, Rettig, Toscher & Perez, Pc and discusses everything you need to know about Crypto-Currency: What it is, how the IRS views crypto-currency, how to report these transactions, can you do a like-kind exchange of crypto-currency, why it’s such a hot button issue with the IRS civilly and criminally, and what to do if you have failed to report a transaction. This is the program every accountant and investor needs to know about the new wild-west of crypto-currency!

Click here to contact Steve Toscher

Click here to Contact Mike Stein

Click here to download IRS Notice 2014-21