Taxing Bitcoin: The IRS wants people to disclose virtual currency activity

From cnbc.com Watch this video at https://www.cryptocraft.com/news/1044849-taxing-bitcoin-the-irs-wants-people-to-disclose.

If you’re planning to cash in some of your Bitcoin and pocketing the gains, be prepared for a potential tax hit. If you’ve owned or used Bitcoin, you may owe taxes, no matter how you acquired or used it. CNBC’s Sharon Epperson reports.