The IRS has issued a warning that bitcoin has fallen below the $10,000 mark

The internal revenue service (IRS) has issued a new round of warnings to cryptocurrency holders (CP2000). In fact, in July, the IRS sent warning letters to more than 10,000 taxpayers engaged in cryptocurrency transactions, warning them that they may have misfiled their taxes, failed to report other income, failed to pay taxes on virtual currency transactions, or failed to properly report their transactions.

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