The Coming Crypto Tax Bomb
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最新报道：The IRS is ramping up crypto tax enforcement with clear guidelines under Revenue Procedure 2024-28 and new Form 1099-DA, targeting widespread underreporting. Taxpayers face audits as brokers report sales without cost basis, defaulting to $0 and inflating gains. Many CPAs remain unprepared, misclassifying transfers, staking, and DeFi activity. The IRS warns compliance is urgent, closing loopholes for those claiming unclear rules. Penalties loom for unreported gains, with enforcement letters already circulating. The 2025 tax year marks a turning point as the IRS cracks down on crypto tax evasion at scale.
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