Clark, JasonRyznar, Margaret2021-06-292021-06-2920192019 University of Illinois Law Review Online 70https://hdl.handle.net/1805/26196Bitcoin has captivated much attention and imagination since its emer- gence in 2009, but there are still several areas in need of consideration when it comes to the federal tax treatment of virtual currency. The right guidance on these issues would strengthen the legitimate use of virtual cur- rency and increase tax compliance.en-USArticle