IRS Crypto FIFO Relief 2025: Save on Taxes for Crypto Investors @irs.gov
The IRS Crypto FIFO Relief has brought a sigh of relief for cryptocurrency investors navigating the complex world of crypto taxes in 2025. Announced on December 31, 2024, via IRS Notice 2025-7, this temporary measure allows taxpayers using centralized finance (CeFi) exchanges to avoid the default First-In, First-Out (FIFO) accounting method, which often inflates capital … Read more