ShintoSanctuary
Sun Jul 21 2024
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7 answers
1413
Does coin ledger report to IRS?
I'm curious about the compliance measures undertaken by cryptocurrency ledger software. Specifically, does Coin Ledger, or similar tools, automatically report user transactions to the Internal Revenue Service (IRS)? Given the increasing scrutiny on cryptocurrency taxation, it's essential to understand whether these platforms assist in tax compliance or leave it solely to the user. While privacy is a key concern for many crypto users, ensuring tax compliance is also crucial to avoid potential legal issues. So, does Coin Ledger or similar software aid in the reporting of crypto transactions to the IRS?
