Friday, 26 April 2019

Congress just sent a letter to the IRS about “urgent need for guidance” on crypto taxes.Today, 21 members of Congress, led by Rep. Tom Emmer, sent a letter asking the agency to issue needed guidance on the tax consequences and basic reporting requirements for taxpayers that use virtual currencies. Congress has now sent four separate letters to the IRS about this issue.

Gonna shake things up a bit today. There's a lot going on in crypto so I'd like to get the traditional markets bit out of the way quickly up here before diving into crypto land.

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