IRS Alert: ‘Educational Letters’ to Thousands of US Taxpayers With Crypto Transactions Are in the Mail

IRS Alert: ‘Educational Letters’ to Thousands of US Taxpayers With Crypto Transactions Are in the Mail

The Internal Revenue Service just issued a notice that it has started sending letters to US taxpayers with cryptocurrency transactions who may have failed to do proper reporting that would result in a tax liability. According to the notice, “Taxpayers should take these letters very seriously by reviewing their tax filings and when appropriate, amend […]

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