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IRS Delays Tax Deadlines Set by Congress. It Could Cost $8 Billion.

The tax agency postpones new requirements for online sellers, 401(k) savers and crypto brokers

By Richard Rubin

WASHINGTON—Congress set strict enforcement deadlines when it created new tax requirements for e-commerce platforms, older 401(k) savers and cryptocurrency brokers.

The Internal Revenue Service has now postponed them all for two years—which could cost the Treasury more than $8 billion.

Read Full Article Here…(wsj.com)


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