Bittax Blog

All you need to know about crypto tax

The United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports.

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The United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. If you got 6173 letter, here is what you should do:

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The Taxman Cometh For Your Crypto But Bittax Has You Covered

Taxes can be confusing. If you’ve received a letter from the IRS concerning your crypto holdings, read on to understand more about the letters and what they mean for you.

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IRS Tax Letters Explained

Arm yourself with the knowledge to make informed decisions with your crypto holdings. Understand your responsibilities and the steps you need to take if you’ve received an IRS letter about your crypto.

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