Last week we released a report, A Duty to Answer: Six Basic Questions and Recommendations for the IRS on Crypto Taxes, which examines the state of crypto tax policy in the US and calls on the IRS to address the open issues.
Today we took that message to Congress with a briefing for policymakers on the Hill. Coin Center Senior Research Fellow James Foust presented some of the questions raised in the report, explained Coin Center’s recommended actions for the IRS to address them, and fielded questions related to the nature of UTXOs, forks, and more. For a top-line summary of the report you can read his blog post: It is time for the IRS to answer open questions about cryptocurrency
You can see his slides here: