U.S. House Democrats Want To Close Tax Loophole for Crypto Investors  

Democrats in the U.S. House of Representatives have proposed closing a tax loophole for cryptocurrency investors by treating digital assets like stocks rather than property. Currently, crypto transactions that lose money are allowed to be counted as capital losses, which can then lower tax burdens. Because the Internal Revenue Service (IRS) views digital assets as […] The post U.S. House Democrats Want To Close Tax Loophole for Crypto Investors appeared first on The Daily Hodl.

https://dailyhodl.com/2021/09/14/u-s-house-democrats-want-to-close-tax-loophole-for-crypto-investors/