Jan 06 2021

IRS’s Increasing Enforcement of Tax on Crypto

published by CryptoNinjas.net
in blog CryptoNinjas
original entryIRS’s Increasing Enforcement of Tax on Crypto

taxes

With the crypto summer underway, one of the concerns that many traders, HODLers, miners, lenders, and stakers might have is how to report their gains and losses to the tax agencies. The Internal Revenue Service (IRS) in the US is determined to make crypto users pay their fair share of tax. In September, it was reported that the agency has...