congressmen

Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance

Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines...
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Bitcoin (BTC) $ 106,731.60 0.89%
Ethereum (ETH) $ 2,563.94 0.37%
Tether (USDT) $ 1.00 0.02%
XRP (XRP) $ 2.23 2.62%
BNB (BNB) $ 653.42 0.25%
Solana (SOL) $ 151.31 3.00%
USDC (USDC) $ 1.00 0.00%
TRON (TRX) $ 0.274135 0.91%
Dogecoin (DOGE) $ 0.173209 1.70%
Lido Staked Ether (STETH) $ 2,562.70 0.23%