IRS hires two cryptocurrency tax experts to bolster digital asset tax enforcement and compliance
The US Internal Revenue Service (IRS) has appointed two cryptocurrency tax experts from the private sector to help lead the agency's efforts in establishing a service, reporting, compliance, and enforcement program focused on digital assets. The official US tax filing season began on January 29th, and since then the IRS has issued multiple notices urging citizens to report their income from cryptocurrency and digital assets, including NFTs.
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