IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines
The Internal Revenue Service will not clarify how taxes work with cryptocurrencies and digital asset transactions according to a US congressional watchdog’s report released on Wednesday. Following Rep. Ken Brady’s (R-TX) request for clarity on how taxes are levied against cryptocurrency, the Government Accountability Office (GAO) published a report evaluating the IRS’ current approach and public … Continue reading IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines