
IRS Issues Warning to Crypto Users, but CPAs Demand More Information
The Tax collection agency of the US Government, the IRS (Internal Revenue System) recently issued strict warnings to 10,000 cryptocurrency investors. The letters iterated that the users might have broken federal tax laws if they have failed to comply with taxes imposed by law. IRS Commissioner Chuck Rettig told the media, “Taxpayers should take these
The Tax collection agency of the US Government, the IRS (Internal Revenue System) recently issued strict warnings to 10,000 cryptocurrency investors. The letters iterated that the users might have broken federal tax laws if they have failed to comply with taxes imposed by law. IRS Commissioner Chuck Rettig told the media, “Taxpayers should take these