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Market Watch | February, 2020

Fortnite gamers don’t need to worry about reporting their V-Bucks to the IRS

Tax season just became a lot less stressful for a lot of gamers.

In-game currencies that can’t be turned into real-world money do not count as reportable virtual currency for tax purposes, the Internal Revenue Service clarified this week.

That means currencies used in video games, like Fortnite’s V-Bucks and Roblox’s Robux, are safe from the tax man.

Read more on Marketwatch.com

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In the Community
February, 2020

Practitioners Anticipate Tax Filing Season Wins and Woes

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US News & World Report | December, 2019

The American Opportunity Tax Credit: What to Know and How to Use It

Families paying the steep costs of higher education may be looking for any break they can get. Enter the American opportunity tax credit. This tax credit, which is designated for taxpayers who pay qualified tuition and related expenses, can reduce taxable income and even create a tax refund.

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