Crypto community reacts to Biden’s proposed crypto tax reporting rules By Cointelegraph
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Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden.
On Aug. 25, to catch crypto users avoiding taxes, the Internal Revenue Service (IRS) proposed brokers follow new rules for selling and trading digital assets. Brokers would use a new form to make tax filing easier and prevent cheating on taxes.
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Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden.
On Aug. 25, to catch crypto users avoiding taxes, the Internal Revenue Service (IRS) proposed brokers follow new rules for selling and trading digital assets. Brokers would use a new form to make tax filing easier and prevent cheating on taxes.
Continue Reading on Coin Telegraph
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