CoinLedger: The number of US users who received crypto tax letters has increased significantly in the past three months, and enforcement may be coming
06-27 14:04

Odaily News David Kemmerer, CEO of CoinLedger, said that in the past 60 days, the crypto tax software platform CoinLedger has found that the number of US users who have received letters from the IRS has surged by 758%, and accounting firms such as Taxing Cryptocurrency have also confirmed this trend. Although Trump has expressed his willingness to cancel cryptocurrency taxes in the United States, Congress has not yet proposed any relevant legislation. At the same time, there are still many investors who mistakenly believe that they do not need to declare crypto assets when filing taxes, which may be the beginning of a larger wave of law enforcement, especially with the new 1099-DA tax reporting regulations set to take effect next year. (The Block)

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