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IRS Advised to Provide Better Guidance on Cryptocurrency Transactions

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IRS Advised to Provide Better Guidance on Cryptocurrency Transactions

The Information Reporting Program Advisory Committee is a body which was established before the Internet was a major consumer network and is a result of federal government reorganization and, importantly, efforts to modernize and improve the IRS brought about by the Omnibus Budget Reconciliation Act of 1989. The committee periodically suggests actions the IRS needs

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