Did The IRS Really Just Delay Crypto Tax Reporting Requirements? - Benzinga

Retrieved on: 2025-01-02 20:02:53

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Cryptocurrency

Decentralization

Financial technology

Taxation in the United States

Internal Revenue Service

FIFO and LIFO accounting

Decentralized finance

FIFO

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Did The IRS Really Just Delay Crypto Tax Reporting Requirements? - Benzinga. View article details on hiswai:

Summary

The article discusses a temporary IRS relief allowing cryptocurrency users on centralized exchanges to choose flexible accounting methods, deviating from FIFO, impacting taxation in the U.S. and addressing financial technology and decentralized finance elements.

Article found on: www.benzinga.com

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