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What Your Accountant Thinks About Your Bitcoins

Borderless cybercurrency, meet the U.S. tax code.

With this month’s tax-filing deadline, Bitcoin has reached a milestone in its long-shot quest to become real digital money. The ranks of taxpayers grappling with how to fit their cyberriches into their returns has grown large enough for the federal government to offer the first set of guidelines. And accountants are facing a small but noticeable uptick in questions from clients.