Guidance

Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance

Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines...
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Bitcoin (BTC) $ 82,732.17 0.89%
Ethereum (ETH) $ 1,788.61 1.06%
Tether (USDT) $ 0.99976 0.02%
XRP (XRP) $ 2.08 3.62%
BNB (BNB) $ 588.54 1.41%
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Dogecoin (DOGE) $ 0.164203 3.35%
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