n nn nn The U.S. Internal Revenue Service IRS is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.The decision stems from the recent attempt by Minnesota Representative Tom Emmer to pass legislation reforming the way that hard forks and the resultant forkcoins are viewed by tax agencies. Joined by members of his Blockchain Caucus, Emmers initial attempt to pass the bill failed in Sep

Source and More information: IRS Commissioner Makes Crypto Tax Clarity a Priority

Author: CryptScout.com