The US Internal Revenue Service once again issued a warning to cryptocurrency users

The US Internal Revenue Service (IRS) once again issued a warning to cryptocurrency users for taxpayers who are believed to have misreported foreign exchange earnings. Chandan Lodha, co-founder of tax software provider CoinTracker, reported that the IRS has sent these so-called CP2000 notifications to some customers indicating that they are in trouble because of their unreported income. It further pointed out that these letters basically said that other agencies reported inconsistencies between our taxable amount and encrypted user reports, which is the amount that should be paid. In addition, the letter must be replied within 30 days.