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CoinGape 2022-01-16 22:25:36

NFT Investors Are Owing Billions In U.S Taxes, Here’s How IRS Plans to Collect Tax

Over time, nonfungible tokens (NFTs) have proven to be one of the hottest sectors in crypto, and now the U.S. government may finally be ready to get its share from this booming sector. According to a report by Bloomberg, officials of the Internal Revenue Service (IRS) announced their plans to begin cracking down on NFT investors The post NFT Investors Are Owing Billions In U.S Taxes, Here’s How IRS Plans to Collect Tax appeared first on CoinGape.

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