“In the ongoing US Senate Homeland Security and Governmental Affairs committee hearing, FinCEN Director Jennifer Shasky Calvery confirmed that the Internal Revenue Service (IRS) is working diligently to release a guidance to US taxpayers on the tax consequences of virtual currency use.  Director Shasky told the US Senate committee and the worldwide live audience that the IRS has been actively looking into the virtual economy space for years now and that Bitcoin is ‘at the forefront’ of their minds. The IRS may soon have a Bitcoin Center like Robert Wood of Forbes postulated months ago.”

http://bitcoinblogger.com/fincen-director-confirms-irs-release-bitcoin-guidance/

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