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Internal Revenue Service is All Set to Release Crypto Tax Guidelines
21.5.2019
The Internal Revenue Service recently announced that it would be fixing the new guidelines for tax on crypto. Because the IRS identifies crypto as property and not currency, it is because it is taxable to purchase and sell crypto. Consequently, tax rules which apply for property transactions, such...
IRS Says It Will ‘Soon’ Issue Crypto Tax Guidance in First Since 2014
20.5.2019
The Internal Revenue Service is working on its first tax guidance for cryptocurrency since 2014, the agency's commissioner told a lawmaker Monday