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

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

[unable to retrieve full-text content]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 […]
Published at Wed, 03 Apr 2024 09:22:57 +0200

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