Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS

Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS
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n nn nn In an open letter to the Internal Revenue Service IRS, the U.S. Houses Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes.Authored by congressional representatives Kevin Brady, Lynn Jenkins, Darin LaHood, David Schweikert and Brad Wenstrup, the letter, addressed to Acting Commissioner David Kautter, calls on the IRS to devise a more concrete cryptocurrency taxing scheme