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Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert

April 3, 2024
in Bitcoin
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Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert
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Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according to a cryptocurrency tax expert. The expert stated that the IRS has the discretion to apply laws retroactively or retrospectively interpret them. Complex Filing Process Clinton Donnelly, CEO of Crypto […]
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