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Monetized Installment Sale – IRS Finally Says It Does Not Work

Monetized Installment Sale – IRS Finally Says It Does Not Work

The promoters of Monetized Installment Sales got some bad news from the IRS earlier this month.  The IRS released an analysis done by the Office of Chief Counsel outlining six, count them six, ways in which the transaction does not work as the promoters claim.  The...
The Dubious Anonymity Of Virtual Currency Transactions

The Dubious Anonymity Of Virtual Currency Transactions

The Department of Justice issued a news release to strike terror in the hearts of anyone attempting to execute cryptocurrency tax shenanigans. The federal court for the Northern District of California entered an order authorizing a John Does summons on Payward Venture...