14.9 C
New York
Friday, April 12, 2024

U.S. Lawmakers Brad Sherman, Stephen Lynch Urge IRS and Treasury to Hurry Crypto Tax Rules

IRS official Julie Foerster said in April during CoinDesk’s Consensus event that she could not say when the agency planned to update and clarify the guidance, and that it was looking into other ways of communicating with the industry so that taxpayers can voluntarily comply with the reporting requirement.

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