Lawmakers Ask IRS For Clarity on Crypto Tax Reports, Better Regulating Industry

Lawmakers from the United States House of Representatives have issued an open letter to the Internal Revenue Service (IRS), requesting additional clarity on tax laws surrounding crypto such as Bitcoin and Ethereum.
The open letter was addressed to acting IRS commissioner, the honorable David Kautter on behalf of Congressmen David Schweikert (R-AZ), Brad Wenstrup (R-OH), and Darin Lahood (R-IL), and members of the Committee on Ways and Means Lynn Jenkins (R-KS) and Kevin Brady (R-TX).
Current Tax