March 19, 2024

The IRS will unexpectedly descend (on NFTs) when you least expect it…

Bloomberg: "Surprises in store for NFT enthusiasts when tax season kicks off this month"declarations are the last wake-up callcryptocurrencies out of Washington as officials in the US government set their sights on the growing industry. The rules for taxing tokens are not clear, so NFT faucets struggle to figure out how much they owe. Investors may not realize that they need to pay any taxes at all, or that they have to file more than once a year, making them more likely to face penalties in the future.”

The channel's editors will continue to return to this post for a long time.

Quoting the classic: “Today, tomorrow, not everyone can watch. Or rather, not only everyone can watch, few people can do it.