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While non-fungible tokens (NFTs) have exploded in popularity over the past year, the Internal Revenue Service (IRS) has yet to provide guidance on the tax treatment of these digital assets. With Tax Day right around the corner, this presents challenges for NFT creators and investors. Even without IRS guidance, U.S. taxpayers must still do their best to comply with the law, as Maryland tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, discusses below. Read More

With Tax Day right around the corner, the Internal Revenue Service (IRS) has issued several reminders for U.S. taxpayers. In this article, Maryland tax attorney Kevin E. Thorn, Managing Partner of Thorn Law Group, summarizes some of the key information taxpayers need to know. Read More