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2020-02-19 15:15:58

March tax summit: IRS invites crypto firms

The internal revenue service (IRS) has invited cryptocurrency companies and key players in the industry to the March tax summit to discuss tax-related issues. The 3rd of March conference scheduled for Washington DC is to discuss how the tax regulatory agency, IRS, and crypto investors and advocates can work out modalities for setting up effective tax enforcement and regulatory platform. The event is expected to have presentations from government and private panelists in the financial, technology, and cryptocurrency industry. IRS crackdown on crypto tax defaulters The Internal revenue Service (IRS) is working on implementing cryptocurrency in the tax filing process.