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Taxman and Associates are experts in dealing with complex tax problems. Howard Choder’s 15 years working at the Internal Revenue Service gives his team an unrivaled understanding of how the American tax system works. If you or your organization are experiencing complicated tax issues or having a hard time navigating the perplexing world of the IRS, call the Taxman and Associates today. You can benefit from their IRS experience.
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IRS Proposed Regulations: Reporting Requirements for Digital Asset Brokers
Announced August 25, 2023, proposed Reg. 2023-17565 would require brokers (i.e. cryptocurrency exchanges) to report sales and exchanges of digital assets to the IRS. IRS Commissioner Danny Werfel stated, “These proposed regulations are designed to help end confusion...
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