US Government Shutdown Hits IRS: What Does It Mean For Crypto Tax Services?

The continued US government shutdown is causing the Internal Revenue Service (IRS) to furlough nearly half its workforce. The agency also communicated that it significantly scaled back most operations. The IRS staff reductions will likely impact crypto tax services through reduced taxpayer assistance, mounting backlogs for disputes and audits, and delays in issuing new tax guidance. IRS Sends Staff Home The IRS announced in a notice today that it will furlough nearly 34,000 employees as part of the ongoing government shutdown source: https://beincrypto.com/us-government-shutdown-irs-crypto-tax-disruption/