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The Internal Revenue Service (IRS) needs to establish guidelines on how Americans can report gains from hard-forked cryptocurrencies, the American Bar Association Section of Taxation said Tuesday. Section Chair Karen Hawkins wrote a letter noting that “several important developments in the cryptocurrency economy have taken place” since the IRS previously issued guidance on the federal… The post American Bar to IRS: Create Safe Harbor for Hard-Forked Cryptos appeared first on Complete Bitcoin Guide for Beginners. via Tumblr American Bar to IRS: Create Safe Harbor for Hard-Forked Cryptos
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