IRS Shutdown Hits Digital Asset Reporting

[cryptohog]

With the US government shutdown ongoing, the IRS furloughs around 34,000 employees, impacting customer service and the rollout of crypto tax guidance. Experts warn that this could slow dispute resolution and reporting clarity for cryptocurrency users. Tax obligations, however, remain in effect, and missed deadlines could incur penalties and interest.

[alex10]

This shutdown could seriously delay reporting timelines for crypto investors. It’s frustrating how policy issues end up hitting innovation sectors the hardest.

[jacson4]

Digital asset reporting was already complex, now it’s a mess. Hope the IRS sorts this fast before the next tax season turns into chaos.