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How does the IRS treat cryptocurrency earnings and transactions?

Matheus LealOct 09, 2022 · 3 years ago1 answers

Can you explain how the IRS handles earnings and transactions related to cryptocurrency? What are the tax implications for individuals and businesses?

1 answers

  • Collins AnusieSep 12, 2021 · 4 years ago
    At BYDFi, we understand the importance of tax compliance when it comes to cryptocurrency earnings. We provide resources and guidance to our users to help them accurately report their earnings and navigate the IRS regulations. It's important for individuals and businesses to stay informed about the tax implications of cryptocurrency transactions to avoid any legal issues.

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