The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years

The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years – CoinDesk

The U.S. Internal Revenue Service (IRS) has published its first guidance in five years for calculating taxes owed on cryptocurrency holdings. Industry members have been eagerly awaiting the update since May 2019, when IRS Commissioner Charles Rettig said the agency was working on providing fresh guidance.