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IRS vs. Crypto: 5 essential tips to avoid audits and penalties

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Have you been reporting foreign bank accounts? The government is cracking down, and FBAR audits are on the rise. Learn how to stay ahead of the game and be fully prepared for an FBAR audit.
The Financial Innovation and Technology for the 21st Century Act (also known as FIT21 or “the crypto bill”) recently passed the House with overwhelming bipartisan support and is now on its way to the Senate. This landmark legislation aims to provide much-needed regulatory clarity for the cryptocurrency industry.