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Bitcoin.com 2025-01-03 23:30:10

IRS Crypto Tax Reporting Requirements Stir up Mass Confusion

Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines

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