IRS Works With Treasury To Improve Crypto Tax Information

2020-10-8 06:41
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According to Block, a report by the inspector general of the U.S. tax office on October 7 shows that cryptocurrency exchanges have adopted many ways to comply with tax laws. According to the report, this is because the IRS is required to release more specific information, including the possibility of an amendment to Form 1099-B that requires an amendment. The IRS responded in a statement that it is currently working with the Treasury to develop a clear statement.

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2020-10-8 06:35