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Congress Asks IRS to Clarify Confusing Cryptocurrency Tax Regulations

Eight members of Congress have asked the Internal Revenue Service (IRS) to clarify its position on cryptocurrency taxation. A recent letter to the agency details the issues facing the taxation of cryptocurrencies, and the lack of clarity in the current policy. The main issue at hand appears to be a misunderstanding of how digital currency […]

The post Congress Asks IRS to Clarify Confusing Cryptocurrency Tax Regulations appeared first on BeInCrypto.

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