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US lawmakers urge IRS to implement crypto tax reporting requirements before 2026The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn't soon enough.
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
cointelegraph.comA group of 7 U.S. Senators claimed delaying implementation of certain tax reporting requirements for crypto could cause the IRS to lose roughly $50 billion in annual tax revenue.
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