Tax regulation researchers suggest IRS framework for deducting crypto losses

Researchers at Indiana College and the College of Maine lately printed a research analyzing the present state of cryptocurrency tax regulation in america. The analysis concludes with suggestions for the Inner Income Service (IRS) that, if adopted, would forestall taxpayers from weighing crypto losses towards different capital positive factors.

The paper, dubbed merely “Crypto Losses,” seeks to outline the varied types of loss that may be accrued by companies and people invested in cryptocurrency and proposes a “new tax framework.”

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