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RE: Steem Taxes
The IRS clearly states that it considers receiving anything of value in return for performing tasks (aka work) as income. As I've said before, think "stocks".
The IRS clearly states that it considers receiving anything of value in return for performing tasks (aka work) as income. As I've said before, think "stocks".
Does this include receiving food for work performed?
IRS Virtual Currency Guidance : Virtual Currency Is Treated as Property for U.S. Federal Tax Purposes; General Rules for Property Transactions Apply
https://www.irs.gov/uac/newsroom/irs-virtual-currency-guidance