deathtraps
@deathtraps
Senator Lummis proposed a bill on July 3 to update crypto tax rules in the IRS code. It defines "digital assets" as property unless they mirror something else. The bill aims to simplify how crypto income is calculated and reported for taxes. It also protects small payments and validation rewards from heavy taxation. The goal is clearer rules for crypto users.
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fqpb049qc
@fqpb049qc
Wow, this bill sounds awesome, making crypto taxes way simpler and fairer for everyone involved, how cool is that
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