Express

21 US Lawmakers Urge IRS to Clarify on Cryptocurrency Questions

Vicky Wei

Summary: According to Coindesk, 21 US lawmakers have again urged the International Revenue Service (IRS) to clarify crypto tax rules. The lawmakers' letter, which addressed to Charles Rettig, the IRS Commissioner, explains that taxpayers may find it difficult to calculate the amount they owned the agency due to unanswered questions about how the IRS is treating ...

According to Coindesk, 21 US lawmakers have again urged the International Revenue Service (IRS) to clarify crypto tax rules. The lawmakers' letter, which addressed to Charles Rettig, the IRS Commissioner, explains that taxpayers may find it difficult to calculate the amount they owned the agency due to unanswered questions about how the IRS is treating cryptocurrencies. Although the IRS issued guidance on the subject in 2014, it has not updated its guidance since.
l

Last Update:

Tags: ,
Link: 21 US Lawmakers Urge IRS to Clarify on Cryptocurrency Questions   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 13 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 17 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.