U.S. Households Could Owe $25 Billion in Unpaid Crypto Taxes

The IRS appears to have listened to concerns raised by various parties concerning clear cryptocurrency guidelines. As Coincenter reports, the tax administrator responded to a letter by a bi-partisan group of the U.S. Congress, stating that it has made cryptocurrency tax guidance a priority and would release an upgrade soon. IRS Readies Supplementary Cryptocurrency Tax

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Source and More information: IRS Set to Introduce Clear-cut Cryptocurrency Tax Rules

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