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Crypto tax ‘a top enforcement priority,’ reminds IRS Commissioner


Crypto tax ‘a top enforcement priority,’ reminds IRS Commissioner

The United States Internal Revenue Service continues to propose new tax reforms to regulate the crypto investments in the U.S., with the latest notice sharing tax obligations for the marijuana industry.

The notice, signed by IRS Small Business/Self-Employed Division Commissioner De Lon Harris, reflects the priorities of the United States federal agency to ensure cryptocurrency tax compliance among local businesses that grow, distribute and sell cannabis.

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