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Tag Archives: virtual currency
Are You Paying Taxes on Your Virtual Currency?
It’s tax filing season and time to gather your information and fill out your tax forms. But did you know that if you use virtual currency, like bitcoin, you may have to report it to IRS and include it in … Continue reading
Posted in About GAO
Tagged bitcoin, IRS, James McTigue, strategic issues, taxes, taxpayer advice, virtual currency
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Our 10 Most Popular Podcasts of 2014
Want to know what nanomanufacturing is? The connection between fracking and new oil pipelines? How much those F-35 Joint Strike Fighters will ultimately cost? Listen to our 10 most downloaded podcasts of 2014 to help understand some of the major … Continue reading
Posted in About GAO, Podcast
Tagged airline industry, airline pilot, aviation, bitcoin, bitcoins, border patrol, customer service, DOD, duplication, end of year, F-35, F35, federal, federal agencies, federal agency, forest service, fracking, fragmentation, health care costs, hydraulic fracturing, joint strike fighter, JSF, Mt Gox, new year, oil pipeline, overlap, pilot shortage, pipeline safety, podcast, stolen identities, tax dollars, tax fraud, tax refunds, taxes, taxpayer, top 10, transparency, virtual currency, weapons systems
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The Risks of Virtual Currencies
In February 2014, the Mt. Gox virtual currency exchange filed for bankruptcy, stating that a security breach resulted in the loss of bitcoins worth more than $460 million at the time. This incident is one of many real-world illustrations of … Continue reading
Posted in Business Regulation and Consumer Protection, Financial Markets and Institutions, Information Security, Justice and Law Enforcement
Tagged banking, bitcoin, bitcoin wallet, consumer, currency, currency exchange, European Banking Authority, Financial Crimes Enforcement Network, financial literacy, FinCEN, FMCI, Gox, IRS, mining, Mt Gox, risk, virtual currency
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