New Crypto Tax Law: Good For Some, Bad For Others

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The IRS already requires crypto investors to pay a tax on earnings they make from investment gains (similar to the capital gains tax), but enforcement of this provision has been shoddy. By compelling brokers to report data, the IRS wants to plug the crypto “tax ...

from Google Alert - Business https://ift.tt/3CVbYCE
The IRS already requires crypto investors to pay a tax on earnings they make from investment gains (similar to the capital gains tax), but enforcement of this provision has been shoddy. By compelling brokers to report data, the IRS wants to plug the crypto “tax ... https://ift.tt/eA8V8J

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