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U.S. Tackles Crypto Tax Mess

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U.S. Tackles Crypto Tax Mess

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https://www.wsj.com/finance/regulation/u-s-tackles-crypto-tax-mess-5a751679

 1. Finance
    
    --------------------------------------------------------------------------------

 2. Regulation


U.S. TACKLES CRYPTO TAX MESS


LONG-DELAYED REGULATIONS WOULD TREAT CRYPTO PLATFORMS MORE LIKE BROKERS WHO
HANDLE STOCKS AND MUTUAL FUNDS

By

Richard Rubin


and

Paul Kiernan


Updated Aug. 25, 2023 11:35 am ET

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Cryptocurrency has proven challenging for the Internal Revenue Service. Photo:
Ting Shen for The Wall Street Journal

WASHINGTON—The federal government is escalating efforts to make cryptocurrency
investors comply with tax law, nearly 15 years after people started trading
bitcoin.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.
87990cbe856818d5eddac44c7b1cdeb8

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