FIT21
This bill is very pro-crypto.
voted for
Testing Environment
This bill is very pro-crypto.
This bill is very pro-crypto.
This bill is somewhat pro-crypto.
Mike Carey
@RepMikeCarey
Mike Carey
@RepMikeCarey
Mike Carey
@RepMikeCarey
Representative questioned IRS Commissioner Danny Werfel about new rules regarding cryptocurrency and supported adjusting the proposed IRS cryptocurrency rules, which would require handling 8 billion returns. During questioning, he raised concerns about the IRS's readiness to process crypto tax statements and emphasized the necessity of revising the regulations to accommodate this substantial increase in workload.