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2020-02-19 06:18:26

IRS March Summit puts spotlight back on crypto tax clarity

The U.S. Internal Revenue Service (IRS) has decided to host an IRS March Summit in which the list of invitees includes cryptocurrency companies, advocates, and other entrepreneurs who wish to seek more clarity on crypto tax, Bloomberg US reported on 18th February 2020. The United States tax season has officially begun on 27th January 2020, and the country’s revenue service agency is pulling out all the stops to ensure that there are no failures in reporting accurate tax returns. The April deadline is fast approaching, and the authorities are expecting no less than one hundred and fifty million tax returns

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