BREAKING: 🇺🇸 US Treasury has released long awaited proposed regulations regarding 1099 tax information reporting requirements for cryptocurrency brokers.
We’ll be breaking down the implications of these regs in a tweet storm today.
Hey @FTX_Official and @Brett_FTXUS Not differentiating between various USD stablecoin assets makes it extremely difficult for your customers and software providers to accurately account for holdings and properly report taxes. Is it possible to change this?
@SBF_FTX
Took me a matter of 7 min to create my account and get the correct tax documents needed-well done super impressed @investvoyager @Ehrls15@CryptoTraderTax