Researchers from Indiana College and the College of Maine not too long ago revealed a examine analyzing the present state of cryptocurrency tax legal guidelines in the US. The analysis concludes with suggestions for the Inside Income Service (IRS) that, if adopted, would stop taxpayers from evaluating crypto losses with different capital features.
The doc, dubbed merely “Crypto Losses”, search for to outline the completely different types of loss that may be accrued by corporations and people invested in cryptocurrency and proposes a “new tax framework”.
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