IRS Is Sending Crypto Users Tax Letters—Here’s What You Need to Know

Clinton Donnelly, CEO of Cryptotaxaudit, warned that, based on the volume the company is seeing, the IRS is using a letter campaign to pressure crypto taxpayers to review their past filings. However, he explained that receiving one letter does not imply wrongdoing. Cryptotaxaudit CEO Alerts of Massive IRS Campaign…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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