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IRS Says Like-Kind Tax Exemption Does Not Apply to Crypto Transactions, Nor Did It Before 2018

An IRS official has said that taxpayers can’t defer taxes on cryptocurrency exchanges, not even for pre-2018 transactions. Things have been clear up until now: taxpayers can’t make like-kind exchanges when it comes to cryptocurrency trades that took place in 2018, as a result of the previous year’s tax overhaul. Like-kind exchanges are allowing taxpayers […] дальше »

2019-11-15 23:56