Comment on The IRS is confused about how to tax NFTs, and it needs your help

The IRS is confused about how to tax NFTs, and it needs your help

It’s taxing to be in uncharted waters. If 2021 was the year that non-fungible tokens (NFTs) shot to the moon, and 2022 was the year they crashed back down to Earth, then 2023 might be the year that government officials finally begin to untangle the wreckage. While regulatory bodies are zeroing in on crypto crimes like securities fraud and insider trading, and putting crypto giants like Kraken and Paxos in their crosshairs, the Internal Revenue Service (IRS)—diligent as ever—is concerned with the matter of just how big a cut it should take from your NFTs.Read Full Story

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News