From news.bitcoin.com
2021-09-02 16:30:47
Jamie Redman
Excerpt:
America’s Tax Agency Is Stepping Up Enforcement via Biden’s American Families Plan
The IRS has been stepping up enforcement against tax evaders and has recently been specifically focused on cryptocurrency transfers. This past April, Forbes contributor Guinevere Moore published a report on how U.S. President Biden’s “American Families Plan” aims to increase IRS enforcement. Essentially, Moore details that America’s financial institutions have always had to report capital gains to the IRS, but…
