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

https://ift.tt/cBNtAzZ
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 […]

from Bitcoin News https://ift.tt/SfNtpoQ