IRS Adds Taxpayer Questions Regarding if They Own or Transact in Cryptoassets

2019-10-12 23:59

The U. S. Internal Revenue Service (IRS) has finally decided to acknowledge cryptocurrency   in its reports. Now, U. S. taxpayer's will be asked whether they hold cryptocurrencies or not when they are reporting their taxes.

This new update follows the long-awaited guidance released by the institution, which was published recently. In the update, several aspects […].

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update taxpayer irs new follows when reporting

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