Bitcoin may grab headlines when it skyrockets in value, as it did much of last year, or when it plunges precipitously, as it has this week. But the virtual currency has a reputation for providing a sense of anonymity to those who own it. That anonymity doesn’t extend to the tax authorities, however.
"When Trading in Bitcoin, Keep the Tax Man in Mind" is from the January 19, 2018 Business section of The New York Times. It was written by Tara Siegel Bernard and narrated by Mike DelGaudio.