Seasons Greetings
    

Flash News: Mulvaney Surprisingly Says US Desperately 'Needs More Immigrants' to Survive Economically     - | -     Pompeo Announces that US and Taliban Will Sign Peace Deal at End of the Month     - | -     Election Security Officials Tell Lawmakers Russia Is Already Trying to Help Trump Win in November     - | -     Top Pentagon Policy Official Who Warned About Ukraine Aid Pushed Out by Trump     - | -     Roger Stone Sentenced to 40 Months After Longer Recommendation Tore Apart DOJ     - | -     This Is What GOP Feared. Now that Trump Has Governed with Executive Orders, Dems Plan to Do Same      - | -     Man Throwing 'Incendiary Devices' at ICE Detention Center Is Killed in Attack      - | -     Mueller Hearing Pushed Back a Week to Allow More Time for Him to Answer Questions      - | -     Trump Tells 4 Congresswomen of Color to 'Go Back' to 'Crime-Infested' Countries They Came From      - | -     GOP Congressman Invokes 'The Deep State'

Breaking News: Death Toll Rises In Coronavirus Epidemic... Readmore

National News

IRS Changes Course Regarding Fortnite Currencies

viewsViews 70

IRS Changes Course Regarding Fortnite Currencies

2020-02-14 14:43:391 Oct 2018 01:53 AM EST

For months a section of the IRS's website advised Fortnite players, that their in-game virtual currency may be taxed. According to CNN, the little-noticed provision dated back at least to October 2019. The notice appeared to mark the first time the agency has ruled on video game currencies. However, on Wednesday, the IRS scrubbed all mentions of the in-game currency from the webpage. The removal comes after questions from CNN and other outlets about the policy. The day after the agency deleted the guideline, the IRS told reporters that including the currencies had been a mistake.

Post Your Comment




Recently Posted Comments

Most Recent News

NFL Scouting Combine: Michigan and Ohio State Combine for 22 of 38 Players from the Big Ten East

22 February, 2020

  -by Daniel Mogollon, Staff Writer; Image: Ohio State cornerback Jeff Okudah defends pass against Clemson. (Image Source: Kevin French/Getty Images) Here’s a quick look at the players......More

Boxing: Tyson Fury Interview Ahead of Fury v Wilder II

22 February, 2020

  Tyson Fury Interview Ahead of Fury v Wilder II  ...More

Boxing: Bulky Wilder and Fury Weigh in for Re-Match

22 February, 2020

  Bulky Wilder and Fury weigh in for re-match  ...More

MORE FOR YOU