United States-based accounting firm H&R Block (NYSE:HRB) has begun serving as an intermediary between crypto users and the Internal Revenue Service (IRS) after the agency began sending letters to crypto traders who may have failed to report income and pay taxes.
According to a Sept. 24 news release, H&R Block has rolled out a new service targeting people who have engaged in digital currency transactions, specifically providing consultations on how to properly file their cryptocurrency gains and losses on tax returns.