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IRS plans lower penalties and faster resolutions for crypto tax disclosures

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IRS plans voluntary crypto tax disclosure program with lower penalties

The IRS is preparing to launch a revamped voluntary disclosure program covering digital assets before December, offering lower penalties and faster resolutions for crypto tax violations.

Oct 23, 2026·3 sourcesCryptocurrenciesCrypto regulationTax policyFederal agenciesCrypto regulatory agenciesCrypto taxation
IRS plans voluntary crypto tax disclosure program with lower penalties
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Other sources for this story

Cointelegraph

IRS Targets 120-Day Tax Disclosure Process: Forbes

Crypto Briefing

IRS to address crypto tax issues via voluntary disclosure program