Is the IRS “HODLing” Out on Us? IRS Issues Additional Cryptocurrency Guidance Addressing Hard Forks, Soft Forks, and Airdrops ▪ Written by Daniel Reach, Blake Estes and April McLeod The IRS provided some much-needed guidance on protocol changes to blockchain. Our International Tax Group breaks it down. What the forking wallet? Two scenarios for hard forks What about airdrops? Read the full advisory here.