Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert
Submitted by Anonymous (not verified) on Wed, 04/03/2024 - 10:30
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 […]