Search Our Website:

Sahel Assar, shareholder in the firm's Tax section, comments on international reporting obligations of cryptocurrencies in "Crypto Holders Still Facing Uncertainty Over Int'l Reporting," published in Law360 Tax Authority.

"Our advice is that more likely than not, you should report," said Sahel Assar, counsel with Buchanan Ingersoll & Rooney PC. "The IRS is being very bullish about smoking out people who haven't been reporting. You just don't want to find yourself in a position where they say, 'Oh, well, you should have.'"