IRS Delays Bitcoin Cost-Basis Reporting Rules Until 2026

The extension will be in effect until December 31, 2025, giving brokers more time to adapt to different accounting methods.

https://www.nobsbitcoin.com/irs-delays-bitcoin-cost-basis-reporting-rules-until-2026-2/

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nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx Translate this.

They delay it so they don't look stupid when no one cares.

They must have listened to citadel dispatch and realized how stupid they are.