Scammers often call taxpayers and ask for some form of personal identification or a form of payment. In most instances the IRS will first send a bill to any taxpayer owing taxes via the U.S. Postal Service. Do not expect a phone call from the IRS if you have not received prior notice via the mail.
Taxpayers wishing to deduct cash donations must maintain receipts of their cash donations as required by the IRS. Common 501(c)(3) organizations taxpayers donate to include their church, local boys and girls clubs, Goodwill, Salvation Army and some animal rescue organizations including Animal Humane Society.
The most notable difference between the dollar and a Bitcoin is the lack of a centralized authority. Bitcoin is run by a network of computers operated by volunteer coders around planet Earth. It is not operated by a central government and banking system like the dollar. Each transaction only occurs once, with proof of its occurrence for all to see. This is ensured by a general ledger in which anyone in the world can see any Bitcoin transaction, when it happened and for how much.
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