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 […]
Source: https://news.bitcoin.com/fear-of-retrospective-irs-regulation-changes-discourages-filing-says-crypto-tax-expert/
Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert
